Citadel, Millennium, Other Multistrats Posted Best Gains in Years in 2020

Here is how the biggest multistrategy funds fared last year.

(Bloomberg photo)

(Bloomberg photo)

Many major multistrategy funds, which employ a variety of investment strategies, generated their strongest performance in years in 2020.

Those gains may not have rivaled some of the gargantuan returns their long-short equity peers managed to achieve last year. But many multistrats posted gains in the mid-teens to mid-20 percent range, or even higher, beating the Standard & Poor’s 500.


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