English to Russian Bus/Financial Finance (general) Нетрадиционные классы активов

Non traditional asset classes
Hedge funds offered diversification benefits during the pandemic
Hedge funds have helped investors to navigate a difficult 2020, protecting the downside and capturing parts of the market rally since March. They returned 1 % from January to end-October, based on the HFRI Fund Weighted Index. However, fund return dispersion was far above its average since 2010, with particular strategies like activists or merger arbitrage experiencing larger drawdowns. Equity hedge funds performed best, and were up 3% through October. Managers had only moderate net exposure to equities at the beginning of the year, which helped contain losses and also enabled them to take advantage of low equity valuations by increasing net exposure. They also generated strong alpha on the long and the short side. In particular, overweight positions in the information technology and communication services sectors paid off.