Top 10 / Bottom 10

We have updated our top 10 / bottom 10 manager ranking for the month, based on newly reported results. As before, Crypto funds seems to have suffered the most, while largely idiosyncratic or sector specialist did the best.

Month-to-date, there was some rather large dispersion, driven partly by the equity market behavior in December, but also driven by managers that swung aggressively in sector markets.