Pivotal Point of View — December 2024

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Pivotal Point of View · December 2024

Pivotal Point of View — December 2024

Published 21 January 2025 · Covers December 2024

Originally issued as January 2025.

Hedge funds rode December’s volatility well, with the PivotalPath Hedge Fund Composite Index up 0.3% across the month.

+0.2%Composite, December
+10.6%Composite, year to date
+2.2%Composite, Q4
Global MacroLeading strategy

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Headline strategy indices

Strategy December Year to date
Global Macro +1.5% +6.4%
Multi-Strategy +1.1% +11.3%
Managed Futures +1.0% +3.0%
Credit +0.6% +10.6%
Volatility Trading +0.5% +2.7%
Equity Quant −0.3% +14.5%
Equity Diversified −0.6% +12.6%
Event Driven −0.7% +10.5%
Equity Sector −2.3% +14.9%

Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.

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