Worst Performing Hedge Fund Strategies 2009 (YTD)

The worst performing hedge fund sectors for YTD (through June 30, 2009):

#1. Short Biased -5.20%
#2. Market Neutral +4.74%
#3. Europe +5.02%
#4. Merger Arbitrage ++5.33%

Source: Hennessee Group

Note that all hedge fund strategies, with the exception of short biased, outperformed the Dow and S&P500.