|It may be too soon to know for certain, but after five years of dismal returns, the hedge fund industry may be finally starting to regain some respect. As reported by the Financial Times, the average hedge fund has returned 7 percent this year, as measured by the FTSE All-World Index of global equities. While it still trails the S&P 500 index which has gained 8.5 percent, the hedge fund industry has made a significant turnaround after returning just 8 percent total in the last five years. |
Led by European equity hedge funds, such as Sloane Robinson (17 percent), Odey Asset Management (11 percent) and Lansdowne Partners (7.75 percent), the hedge fund industry appears to have adapted to the high correlations between assets and the volatile “risk on, risk off” shifts which have prevented hedge fund managers from optimizing their trading styles over the last several years.
|Hedge Fund Lists|