Singapore-based systematic quantitative hedge fund Quantedge Capital kicked off 2026 with strong performance, posting 10% gains in January, its best monthly return since November 2024, according to a report by Financial News London.

The fund has credited its performance to commodity trades—notably in base metals and oil—as well as Asian equities, with additional contributions from bonds and foreign exchange positions. Commodities markets were volatile last month, with gold, copper, and aluminium hitting multi-year highs before sharp corrections, yet Quantedge still ended January ahead.

Led by CEO Suhaimi Zainul-Abidin, the $5.5bn fund trades across equities, bonds, commodities, currencies, and insurance-linked securities. Quantedge has been on a multi-year winning streak, delivering 15% in 2025 and 31% in 2024, outperforming hedge fund averages of 12.4% and 9.7% respectively.