Reuters.uk – Citigroup Private Bank has been telling its wealthy clients that now may be the best time to put their money into hedge funds.

Studying nearly 16 years of returns among the popular alternative investment, the wealth manager noted that December is the best month for hedge funds and on a consecutive basis December and January star.

The average monthly return for the asset class over the period has been 0.92 percent. December, however, has brought in around 1.5 percent.

January has average returns of more than 1.1 percent, slightly less than March.

“Average hedge fund returns during the turn of the year (December and January) are almost 1.5 times … average returns during the rest of the year,” the private bank’s investment analysis and advice group said in a recent presentation.

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Reuters – Citigroup Private Bank has been telling its wealthy clients that now may be the best time to put their money into hedge funds.

Studying nearly 16 years of returns among the popular alternative investment, the wealth manager noted that December is the best month for hedge funds and on a consecutive basis December and January star.

The average monthly return for the asset class over the period has been 0.92 percent. December, however, has brought in around 1.5 percent.

January has average returns of more than 1.1 percent, slightly less than March.

“Average hedge fund returns during the turn of the year (December and January) are almost 1.5 times … average returns during the rest of the year,” the private bank’s investment analysis and advice group said in a recent presentation.

Citigroup PB also found that different hedge fund strategies work better at different times of the year.

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