Here’s How Credit Funds Fared in 2022
The overall index was down — but several well-known funds finished the year slightly in the black.
Credit hedge funds had a rough time in 2022 — but not nearly as rough as what the equity long-short crowd went through.
The Gapstow Alternative Credit Index lost 3.9 percent last year, despite gaining 1.6 percent in the fourth quarter. This was the index’s worst year since its 2009 inception.