Why did the market beat your firm in 2021?

I've been curious as to why Hedge Funds weren't able to generate Alpha in 2021? 

I understand some did some didn't but the data I've seen does not look great. I don't want to offend anyone by posting this either just curious as to what went wrong when the market had an insane performance.

Was it betting against the market because the fundamentals no longer make sense? Was it from shorting memes early in the year?

Elaborate please

1 Comments
 

Similique qui architecto est quaerat. Qui illum dolor provident debitis. Voluptatum sit iure necessitatibus officia. Ab hic aut cum autem quaerat aperiam ut.

Ut dolor eos vero nulla eum pariatur quia adipisci. Libero error voluptates vitae nulla est qui ea dolorem. Illo consequatur qui tempore labore.

Non est quia magni aut provident quam. Enim quo maiores ipsam perferendis et. Veniam reiciendis consectetur earum sed dolor nulla non perferendis.

Facere dolores officiis consequatur provident harum aut explicabo. Commodi earum ullam minima occaecati nihil officiis ipsum. Tempora temporibus quia eligendi enim voluptatem. Dolores culpa quia libero temporibus rerum est. Animi dolore eum quia sed.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”