Exclusive: Millennium Reports Its Highest Return In 20 Years As Firm Boosts Hiring

Millennium USA was up 25.9% net for 2020, its highest full-year return of the last two decades. The return also exceeds the fund’s annualized average net returns over three, five, and 10 years and since inception. Q4 2020 hedge fund letters, conferences and more High-quality returns In their 2020 annual letter to investors, which was reviewed by ValueWalk, the Millennium team said they delivered not only a high annual return but also a high-quality return. Their realized one-year Sharpe ratio was 4.44, which even exceeded their three-, five- and 10-year ratios and since inception. They also said their percentage of…