Goldman: Hedge Funds Trailing S&P500 By Wide Margin

May 22 2013 | 12:37pm ET

It's not exactly news, but hedge funds have been "lackluster" to say the least this year, according to a new Goldman Sachs report.

The average fund trails the Standard & Poor's 500 Index by about 10 percentage points, Amanda Sneider and David Kostin wrote. The former is up about 5.4% through May 10, and the latter 15.4%.

Hedge funds also badly trail the average mutual fund, which is up 14.8% during the period.

The "multi-year trend of lackluster hedge-fund returns continues in 2013," the analysts wrote. "Strong long performance was not enough to outweigh the drag from popular short positions," including Johnson & Johnson and Gilead Sciences.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.