Saturday, 5 September 2015
Last updated 13 hours ago
Jan 2 2013 | 3:48pm ET
Hedge funds lagged the broader markets for the fourth straight year in 2012, with estimated returns of about one-third the performance of the Standard & Poor's 500 Index.
The average hedge fund rose 5.5% last year, according to Hedge Fund Research. That's a good deal better than the average 5% loss suffered in 2011, but it was well behind the S&P500's 16% return.
Hedge funds have not beaten the broad-market index since 2008, when the S&P was down nearly 40%, while the average hedge fund was down less than 20%. It is the longest period of underperformance for the hedge fund industry since 1998.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…