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    COVID crisis opens chasm between hedge fund winners and losers

    The gap between the top and bottom deciles widened to 68.9 percentage points, marking the biggest difference in 11 years

    Financial Times
    ©The Financial Times Limited 2020 Dec 24, 2020 / 11:59 AM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    COVID crisis opens chasm between hedge fund winners and losers

    Laurence Fletcher in London The COVID-19 crisis has created the widest gulf in performance between top and bottom hedge funds in more than a decade, with sharp gains generated by several managers helping to revive interest in the industry. Ructions that rippled through global markets in early 2020, followed by the enormous rebound rally opened opportunities not seen since the 2008-09 financial crisis. But that same wave of volatility also wrongfooted a clutch of the sector’s biggest names. The top 10 per...

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