The Preqin All-Strategies Hedge Fund benchmark had a very strong November. Market optimism due to successful vaccine trials fueled gains of 7.45%.

"This pushed the 2020 YTD return to +13.27% and the 12-month return to +15.19%. By comparison, the S&P 500 gained 10.75% on the month to stand at +12.10% YTD," said a press note from Preqin.

Overall, November was t