All 3 of the top funds placed a focus on macroeconomic trend following, trading bonds, currencies, stocks, and commodities.
Said Haidar was the top performer of 2022 with a 193% return and was up by as much as 274% at the end of Sep.
For the high growth funds, it was a different story. Tiger Global fell by 54% as of Nov., while Whale Rock saw losses of 42.7% for the year.
Other funds, like Citadel, scored big returns. All 4 of its funds were up by double digits, led by the 38.1% return of its flagship Wellington Fund.
Cliff Asness led AQR’s Absolute Return strategy to a return of 55% before fees and 43.5% after fees.