Markets

The hedge fund industry raked in 12.3% last year, its largest annual return since 2009, as markets bounced back from coronavirus lows

Hedge funds enjoyed strong gains in 2020 as risk markets swiftly rebounded on recovery hopes and unprecedented stimulus. The average fund returned 12.3% in 2020, the largest annual return since 2009, according to analytics firm HFM. The hedge-fund industry’s assets under management ballooned 7.7% to a record $US3.5 trillion. Sign […]
The hedge fund industry raked in 12.3% last year, its largest annual return since 2009, as markets bounced back from coronavirus lows