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The Best And Worst Hedge Funds Of January 2015

Tyler Durden's picture




 

It is no secret that January was a bad month for bulls: it was in fact the worst start to the year in years, especially following that surprising last day selloff, which took the YTD drop as of January 30 to an unheard of, at least under global central-planning, -3.1%. It wasn't just the broader market: some of the more marquee hedge funds names also found it a tough time to navigate the transition of global easing away from the Fed to the ECB even as other central banks like the SNB lost all credibility, such as Fortress, Third Point, Perry, Maverick, Brevan Howard and various others, all of which had negative returns for the majority of the month based on HSBC data.

But it wasn't all bad news: in fact, as the table below shows, the January outperformers generated higher relative returns than the worst funds of the month,

Yes, such new normal blockbuster hedge funds as Keynes Leveraged Quantitative Strategies and the Tulip Trend Fund are the NKI. Something else notable: after suffering in hedge fund purgatory for several years, Hugh Hendry's Eclectica is one of the best performing hedge funds in January, returning 7%. Hopefully there are still assets under management to benefit from hits return.

 

Finally, for those curious, here is Dan Loeb's January performance breakdown.

 

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Tue, 02/03/2015 - 12:34 | 5739188 Tin Hat Salesman
Tin Hat Salesman's picture

using HSBC for hedge fund data is like ... i dont have a joke but its quite terrible

Tue, 02/03/2015 - 12:34 | 5739196 NoDebt
NoDebt's picture

It's like asking Nancy Pelosi what's in the bill before they pass it.

Tue, 02/03/2015 - 12:33 | 5739192 NoDebt
NoDebt's picture

Russian Prosperity Fund.... still hanging in there.

 

Tue, 02/03/2015 - 12:37 | 5739212 SethDealer
SethDealer's picture

some of these stinkers are gonna get worse!

Tue, 02/03/2015 - 12:54 | 5739276 Dr. Engali
Dr. Engali's picture

Tulip Trend Fund is the best performer..... now that's funny.

Tue, 02/03/2015 - 13:00 | 5739291 konputa
konputa's picture

Hey now, I'm pretty happy to see that I produced better returns than the Tulip Fund.

Where's Bubblelicious Offshore Macro LTD, Muppet Global Assrape IV, etc?

Tue, 02/03/2015 - 13:22 | 5739361 Drachma
Drachma's picture

At least the name hints at the truth of why the fund is a top performer. Just following the bubble. No fundamentals to see here. Just cool-aid induced euphoria. What's that about chickens coming home to roost? Alas, Hendry and the Tulips know what they're doing right?

Tue, 02/03/2015 - 13:09 | 5739323 imaginalis
imaginalis's picture

I thought there was a guy who lost 99.8% in 9 months.

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