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
Share Article
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.