The Overlook Partners Fund was up 3.93% for December, bringing its fourth-quarter return to 10.99% and its full-year return to 23.14%. The MSCI AC Far East Ex Japan index returned 6.41% in December, 18.31% for the fourth quarter, and 26.04% for 2020.
Q4 2020 hedge fund letters, conferences and more
Disappointing end to a strong year
In their December letter to investors, which was reviewed by Hedge Fund Alpha, the Overlook team said it performed well on a relative basis in 2020 up until September. Then it started to underperform the liquidity-driven rally that sent the world's equity markets higher and higher. The Overlook team said the fund hadn't endured such...
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