(Opalesque) Hedge fund managers ended August 2020 up 2.02% on an equal-weighted basis, and 1.43% on an asset-weighted basis, driven by the strong performance of the global equity market as seen from the 5.54% return of MSCI ACWI (Local) over the same period. On a year to date basis, global hedge funds were up 4.07% over the first eight months of 2020.
Hedge funds have maintained their strong performance since end-March supported by equity market recovery
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