21.01.2021 Hedge funds return strong at +16.69% in 2020, says Preqin
Laxman Pai, Opalesque Asia:

The Preqin All-Strategies Hedge Fund benchmark had a strong end to 2020, posting +3.99% in December, said Preqin Hedge Fund Performance Update of December 2020.

The YTD return was pushed to +16.69%, and the three-year annualized return to +8.20%. This marked a drastic turnaround from the ill effects brought by COVID-19 earlier in the year.

According to the repo

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