Hedge funds posted their second best annual performance since 2010 despite ongoing pandemic

(Opalesque) The Eurekahedge Hedge Fund Index gained 0.91% in December, supported by the robust performance of the global equity market as represented by the MSCI ACWI (Local) which returned 3.55% over the same period.

December 2021 started out on a negative note due to the rising numbers of COVID-19 cases driven by the highly infectious Omicron variant and the decision by the Federal Reserve to accelerate the timeline for tapering and stop referring to inflation as transitory.

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