The NilssonReport is updated with performance data for December. We note that returns are displayed as Excess returns and that the report has expanded coverage into Equity Long/Short strategies.
The report can be accessed here. Sign up for the underlying database here (free).
Looking at drawdowns for the funds in the report, we note that only a fraction of them are close to high water marks. 16% of the fund are on new highs while some managers have rather large drawdowns.
