Top hedge funds earn $63.5 billion in 2020, highest in a decade: LCH data
Top hedge funds earn $63.5 billion in 2020, highest in a decade: LCH data By Svea Herbst-Bayliss FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes BOSTON (Reuters) – The world’s 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technology oriented stocks led a dramatic rebound from a pandemic induced sell-off, LCH Investments data show. As a group, the most successful managers earned half of the $127 billion that all hedge funds made last year, LCH Investments, a fund of ...