January 17, 2022 8:13 AMStock markets marched higher despite rising prices and Covid-19 cases. : BOSTON (REUTERS) - The world's 20 best-performing hedge funds earned US$65.4 billion (S$88.2 billion) for clients in 2021, setting a new record as stock markets marched higher despite rising prices and Covid-19 cases, LCH Investments data show. As a group, the most successful managers earned more than one third of the US$176 billion that all hedge funds made last year, LCH Investments, a fund of funds firm that tracks returns and is part of the Edmond de Rothschild group, reported.