Hedge fund Industry returns 3.29 per cent in December ending the year up 10.95 per cent
Submitted
15/01/2021 - 9:09am
The hedge fund industry posted a second consecutive positive month in December, returning 3.29 per cent according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 3.84 per cent in December.
For the year, the hedge fund industry gained 10.95 per cent in 2020, its third double-digit annual return in the past four years. The S&P 500 Total Return Index was up 18.40 per cent over the 12 months.
Thirty of the 31 sectors tracked by the Barclay Hedge Fund Indices posted gains in December, the outlier being the Emerging Markets MENA Index which was down 0.98 per cent.