Insights › Pivotal Point of View › November 2020
Pivotal Point of View · November 2020
Pivotal Point of View — November 2020
November was a big month for markets, with the S&P 500 up 10.7%. In aggregate, hedge funds were up 5% for the month with 86% of managers reporting positive performance. YTD, hedge funds are up just over 7% and continue to deliver better risk-adjusted results than the S&P, as indicated by their respective Sharpe ratios, 0.70 vs. 0.57.
+4.6%Composite, November
+7.2%Composite, year to date
+8.7%Composite, Q4
Event DrivenLeading strategy
Headline strategy indices
Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.