Schonfeld Strategic Advisors's, Schonfeld Fundamental Equity Fund returned 14.14% net in 2020 and the Schonfeld Strategic Partners Fund added 9.88%, that's according to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review.
Q4 2020 hedge fund letters, conferences and more
Schonfeld celebrated its fifth year of managing third party capital this year. During that time frame, the Strategic Partners Fund has returned 14.29% annualized, and the Fundamental Equity Fund has returned 9.37%.
In its letter, Schonfeld noted that last year, Covid-19 ushered in an "unprecedented" level of volatility. While the VIX traded above 40 for more days overall in 2008, Wall Street's so-called fear index eclipsed its all-time high by nearly...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
