Hedge Fund Industry Returns 5.54% in November, According to Backstop BarclayHedge
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Historic equity market performance, encouraging COVID-19 vaccine news help hedge fund industry to positive month after back-to-back monthly losses FAIRFIELD, Iowa (PRWEB) December 15, 2020 The hedge fund industry reversed two consecutive months of losses in November, returning 5.54% 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% for November.
For the year-to-date, the hedge fund industry was up 7.21% through November. The S&P 500 Total Return Index gained 14.02% over the same period.