Hedge fund managers post gains of 11.68% in 2020

(Opalesque) Hedge fund managers were up 3.30% in December and returned 11.68% in 2020 – recording their best annual performance in over a decade, said Eurekahedge in its January 2021. In comparison, the underlying global equity market as represented by the MSCI ACWI gained 12.32% in 2020, despite its 21.44% decline in the first quarter.

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