Opalesque Industry Update - The hedge fund industry posted a second consecutive positive month in December, returning 3.29% according to the Barclay Hedge Fund Index. By comparison, the S&P 500 Total Return Index was up 3.84% in December.
For the year, the hedge fund industry gained 10.95% in 2020, its third double-digit annual return in the past four years. The S&P 500 Total Return Index was up 18.40% 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%. While some indicators pointed to a slowing economy as COVID-19 cases surged, stock markets responded well to new economic stimulus developments, said Sol Waksman, president of BarclayHedge. Meanwhile, vaccine approvals and initial distribution offered hope to Investors for a return to normal. The S&P 500 Total Return Index finished 2020 at record highs.
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.
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.
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.