2021 is a year when many people have begun to enjoy a return to something like ‘normal’ life after the difficulties of 2020. And it certainly appeared like that for a while in financial markets - until recently - as many sectors bounced back and hedge fund strategies did well.
The equities keep charging forward as the first half of 2021 comes to a close, and hedge fund strategies performance in H1 seems to correlate to the amount of equites they hold. However, on Risk-Adjusted basis the picture is not so obvious.
There is a growing number of cryptocurrency based investment funds with the estimated number rotating around a few hundred and AUM of around $20B. Are they adding value for the investors?