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Pivotal Point of View – January 2021
PivotalPath’s Hedge Fund Composite Index started the year up +0.3% while the S&P was down -1.0%. 55% of funds reported positive numbers, with the median fund returning +0.4%. January marks the 1st month since March 2020 that Equity Sector funds exhibited negative returns, primarily dragged down by TMT (-2.3%).
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Hedge Fund Closings Were Up in 2020 — But It’s Not What You Think.
Hedge fund closures outpaced launches in 2020 - how much should this be attributed to investor preference and how much to COVID-19?
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Hedge Fund Launches & Liquidations in 2020
When it comes to hedge fund launches and closures, the right questions and the right data can tell a very different story.
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Pivotal Point of View – December 2020
The PivotalPath Hedge Fund Composite Index was up 4.3% in December, with 95% of funds reporting positive performance. 74% of managers ended 2020 in positive territory, with the Composite up 11.7% for the year.
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Hedge Fund Closures Rule 2020, But ’21 is Ripe for Launches
There are lots of reasons to be optimistic about #2021 – a wave of potential hedge fund launches is one of them.
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Quant Funds Have a Problem. So Why Do They Also Have So Many Assets?
Quant funds have had a rough couple of years, returning negative performance in 2018, 2019, and 2020. How long will investors hang on?
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Stock Market Rally in 2020 Easily Outpaced Luxury Goods, Hedge Funds
How confident are you in your ability to time investments vs. select talented risk-managers?
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Human-Run Hedge Funds Trounce Quants in Covid Year
Human intuition and experience have not yet been made obsolete. At least not in the hedge fund universe.
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Wall Streeters Reel in Riches From a Year of Unequal Rescues
Hedge fund performance in 2020 has been a bright spot in an otherwise dismal year.
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How the Fed Saved Credit Funds
How has Federal Reserve policy affected credit hedge funds this year?