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Barclay Hedge Fund Index up 0 07 in July up 9 YTD
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Hedge funds return 2 14 up 7 06 YTD
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Hedge funds return 1 23 in March up 4 93 year to date
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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.