Hedge Funds Off To Slow Start In ‘07

Hedge funds started 2007 the same way they ended 2006: trailing the Standard & Poor’s 500.

For the first time, HedgeFund.net’s HFN Hedge Fund Aggregate Average returned less than the S&P500 in January, 1.45% to 1.51%. HFN attributes the slow start to managers taking a more cautionary stance.