Equity long/short hedge funds extend performance lead



Equity long/short hedge funds have extended their performance lead in 2026, with a majority of managers beating an exposure-adjusted equity benchmark for a second consecutive year.

Canoe Intelligence’s analysis of 3,586 hedge funds found equity long/short returned 9% net of fees during the first half, compared with 7% across its overall hedge fund index and 6% for the S&P 500 adjusted to 60% exposure.

AFI subscriber access is required to view this content
AFI provides proprietary intel and business development tools for professionals navigating the global hedge fund market.
AFI Intelligence includes access to Intel, Analysis, Podcasts and Summits.
AFI Intelligence + Data includes everything in AFI Intelligence, plus Research and Data, including AFI’s proprietary rankings, trackers and market research.