Eureka: Eastern European, Long-Only Funds Tops In 2009

Jan 15 2010 | 1:05pm ET

Hedge funds posted their best year in six in 2009, rising more than 19%, according to Eurekahedge.

The Eurekahedge Hedge Fund Index ended last year up 19.37% after an estimated 1.07% return in December. It’s the index’s best performance since 2003, when it rose more than 21%, and a welcome turnaround from 2008, when the index fell 11%.

Eastern European and Russian hedge funds did best last year, soaring 60.49% (1.23% in December). Long-only absolute return funds also did well amidst the equity market rally, rising 46.85% (3.03%).

Emerging markets funds added 34.18% (1.7%), Latin American funds 26.32% (1.26%), Asian funds 26.13% (2.18%) and North American 23.44% (1.89%).

Japanese hedge fund did worst off all, adding just 6.84% (1.8% in December).


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR