Hedge funds up 5.54 per cent in November, says Backstop BarclayHedge
Submitted
16/12/2020 - 4:26pm
The hedge fund industry reversed two consecutive months of losses in November, returning 5.54 per cent for the month, 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 10.9 per cent for November.
For the year-to-date, the hedge fund industry was up 7.21 per cent through November. The S&P 500 Total Return Index gained 14.02 per cent over the same period.
All but one sector tracked by the Barclay Hedge Fund Indices was in positive territory for November.