In summary…
Aurum’s commingled and bespoke fund of hedge funds $US classes delivered positive net returns over Q1 2025, with performance ranging from +1.0% to +3.9%. The Aurum funds notably outperformed global equities, which were down 2.0%*. Aurum’s focus on strategies with low beta to traditional assets helped maintain positive momentum amidst market volatility. Macro, systematic and event driven strategies contributed positively, while multi-strategy allocations ranged from positive to slightly negative; allocations to equity strategies generally detracted.
