The Best And Worst Performing Hedge Funds In 2016: All Hail The “Tulip Trend Fund”

The Best And Worst Performing Hedge Funds In 2016: All Hail The “Tulip Trend Fund”

Tyler Durden’s pictureSubmitted by Tyler Durden on 03/04/2016
http://www.zerohedge.com/news/2016-03-04/best-and-worst-performing-hedge-funds-2016-all-hail-tulip-trend-fund

With the S&P 500 set to go green for the year, the best and worst performing hedge funds of the year demonstrate that while the bulk of the marquee names continue to substantially underperfom the broader market, with Tiger, Pershing Square, Glenview and Trian standing out, there are quite a few names that have generated positive results YTD.

The full breakdown of Top and Bottom 20 funds is shown below courtesy of HSBC; we will spare commentary on the fact that the year’s best performing hedge fund is called the Tulip Trend Fund, a systematic trend follower.

 

Complete marquee name summary:

 

And for those interested, here is the Tulip Trend Fund:

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