Equities hedge funds outperform in 2021 despite volatility and retail surge

Published by
Reuters UK

By Maiya Keidan TORONTO (Reuters) – Stock-picking hedge funds globally outperformed the broader sector with double-digit returns in 2021, despite a year beset by volatility and a new force of unpredictable retail traders flooding into the market to support “meme stocks.” On average, equities hedge funds made gains of 12.3% in 2021, compared with 10% for peers more generally, according to data from industry tracker eVestment. Last year, thousands of retail investors congregated on social media websites to share information on stocks and short-sellers, making the stock-picking process much more …

Read More