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.
Hedge Fund Information, Hedge Fund Performance, Hedge Fund Lists, Hedge Fund Jobs, Hedge Fund Returns,regulation of Hedge Funds Hedge Fund Performance, and Fund of Funds, and Fund of Hedge Funds
Showing posts with label annual hedge fund performance. Show all posts
Showing posts with label annual hedge fund performance. Show all posts
2.11.2009
Most Asian Hedge Funds will Not Receive Performance Fees in 2008
Bloomberg's report today that more than 80% of Asian hedge funds will not receive performance fees in 2008, does not come as a huge surprise given most funds' dismal performance. About 30% of funds actually had positive returns in 2008, but presumably high water marks and benchmarks account for why only 2/3 of the hedge funds with positive performance in 2008 will receive performance fees.
More astounding is that the report found that 86% of asian hedge funds are below their high water mark.
APAC Capital Advisors closed its Greater China Fund in September after assets declined by 80% to just $10 million.
More astounding is that the report found that 86% of asian hedge funds are below their high water mark.
APAC Capital Advisors closed its Greater China Fund in September after assets declined by 80% to just $10 million.
Subscribe to:
Posts (Atom)