02.02.2006 Opalesque Exclusive: Fund of Funds performance in 2005 was 7.53% based on equally-weighted average benchmark of 2,708 FoFs
Contrary to the recent influx of negative press about the hedge fund industry, the Alternative Asset Center (AAC) Fund of Hedge Funds Benchmark shows respectable cumulative returns for 2005 and the sector’s second-highest annual performance return since 2000.

The year brought returns of 7.53% for AAC’s equally-weighted average of 2,708 funds of hedge funds,* outperforming the S&P 500 Index by

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