•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Laxman Pai, Opalesque Asia:

The global hedge fund business has posted among the highest average monthly returns in 20 years at +5.92% during the month, bringing the year to date (YTD) average returns to +6.90%.

According to eVestment November 2020 hedge fund performance data, about 68% of the industry is now producing positive results in 2020, with the average gain among those posting positive returns near +15%, while the average decline among those posting negative returns is near -9%.

"Reported returns for November are among the highest average monthly returns in over 20 years, currently surpassed only by average returns near the peak of the dot-com bubble in December 1999," said eVestment Global Head of Research Peter Laurelli.

The big YTD 2020 performance winners are China-focused funds, which have returned an average of +25.78% so far in 2020, although their +4.55% performance trailed many other hedge fund types in November. China-focused funds' YTD 2020 performance has surpassed the +22.56% average return these funds posted for all of 2019.

Among primary fund types, Equity funds produced the strongest average returns, at +8.24% in November, bringing Equity fund YTD returns to +9.80%, said the report.

Among Equity sub-sectors, Energy-, Financials- and Technology-focused funds all produced returns above +8%, with Technology-focused Equity funds being big performance winners with average YTD returns of +22.38%.

"Size hasn't proven to be an advantage t......................

To view our full article Click here