过去一年近七成对冲策略基金收益告负 多重因素导致表现欠佳

Core Insights - The overall market has been bullish over the past year, yet nearly 70% of quantitative hedge funds have reported negative unit net value growth [1] - Key factors contributing to the underperformance of quantitative hedge funds include rising hedging costs, insufficient style adaptability, liquidity pressures, and strategy homogeneity [1] - To broaden their sources of returns, many hedge funds are adjusting their allocation ratios flexibly based on hedging costs, while also enhancing the cost-effectiveness of their portfolios through strategies involving interest rate bonds, convertible bonds, and long equity positions [1]