|
|
Benedicte Gravrand, Opalesque London:
Some of the main providers of hedge fund industry data seem to agree. 2009, whilst not quite redeeming the lows of 2008, still showed how resilient the industry can be – and thereby, how adaptable.
2009 marked the best annual hedge fund performance in a decade, according to Credit Suisse Tremont Index LLC, which main Index was up nearly 19% with 83% of all funds posting positive performance at the end of the year. Overall, hedge funds have recouped 77% of 2008 losses from previous peak performance levels or “high water marks.”
Hennessee Group LLC announced that its Hedge Fund Index had gained +88.30% over the last decade (Jan-2000 to Dec-09), while the S&P 500 declined –23.33%, the Dow Jones Industrial Average fell –9.30%, and the NASDAQ Composite Index declined –44.24%. The Hennessee Hedge Fund Index was up 24.8% in 2009 following a loss of 19.8% in 2008.
Hedge Fund Research, Inc. (HFR), reported that the HFRI Fund Weighted Composite Index had gained 20.12% in 2009, just one year after posting the worst calendar year loss (-19%) in the hist...................... To view our full article Click here
|
|
RSS
