The Globe and Mail reports in its Wednesday edition that Goldman Sachs says global hedge funds are set for another strong year. A Reuters dispatch to The Globe reports that in the first half of this year, hedge funds averaged a 7-per-cent return, beating the 10-year average of 4.1 per cent, says Goldman. It marks the sixth consecutive half-year of returns above the long-term average. Goldman Sachs says, "The first half of 2026 was notably strong for risk assets -- an equity market rally helped to offset softer fixed income performance, propelling a 60/40 passive portfolio to a return of 5.7 per cent -- but in spite of this, hedge funds continued their run of outperformance." Demand from allocators, or investors who back hedge funds, has also surged during this year, amid a broadening flow of capital into the industry. In a July survey of 341 hedge fund allocators managing over $1.5-trillion, Goldman Sachs found that nearly half planned to increase their hedge fund exposure in the second half of 2026, while only 3 per cent anticipated a reduction. Goldman Sachs reports that net demand for hedge funds reached a record high, surpassing other asset classes in alternative investments.