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Matthias Knab, Opalesque: The five best performing hedge and mutual funds from April 2020 to December 2020
This brief article, compiled by AlternativeSoft, examines the five best performing hedge funds and the five best performing mutual funds from April 2020 to December 2020. The sole focus was placed on hedge funds and mutual funds that have AUM > USD100m. We found that the ten best 2020 funds were all invested in either tech, growth stocks (not new) or small caps. In addition, we found that none of them made use of a leverage (using beta to the S&P500 as a proxy) higher than 40%.
The financial contraction caused by the shock of the COVID-19 pandemic affected the entire global economy, severely disrupting international supply chains, with the traditional retail and service sectors effectively having to deal with a total shutdown due to the prevailing unpredictability of governmental lockdown decrees.
Subsequently, there were dramatic losses in most sectors, quite notably in the equity market. However, the fund managers in the equity market that champion more reactive strategies were still able to make substantial profits by carefully monitoring market fluctuations and timing their trades opportunely throughout the numerous periods of extreme volatility that presented themselves across 2020.
Consequently...................... To view our full article Click here
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