Alternative Market Briefing

Opalesque Roundup: Hedge fund assets hit record $3.6tn after delivering best performance in more than a decade: hedge fund news, week 04

Monday, January 25, 2021

In the week ending January 22nd 2021, HFR reported that hedge fund industry capital surged to conclude a volatile 2020 as strong performance gains drove hedge fund assets globally, and in particular Equity Hedge strategies, to significant new milestones. Total hedge fund capital jumped to $3.6 trillion as of year-end, a quarterly increase of $290 billion, representing the largest asset growth in industry history. Estimated net asset inflows totaled $3.0 billion, bringing total inflows for 2H20 to $16.0 billion.

The hedge fund industry posted a second consecutive positive month in December, returning 3.29% according to the Barclay Hedge Fund Index. By comparison, the S&P 500 Total Return Index was up 3.84% in December. For the year, the hedge fund industry gained 10.95% in 2020, its third double-digit annual return in the past four years. The S&P 500 Total Return Index was up 18.40% over the 12 months.

Meanwhile, Eurekahedge said in its January 2021 report that hedge fund managers were up 3.30% in December and returned 11.68% in 2020 - recording their best annual performance in over a decade. In compariso......................

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