Revived Composite posts a healthy 9.21% YTD

Tue Feb 2, 2010

The fund of hedge funds industry regained its performance crown in 2009, ending the year up 9.21%, according to the InvestHedge Fund of Hedge Funds Composite, albeit on a much smaller asset base.

The month of December itself was up 0.65% on average, with the Global Multi-Strategy median up 0.76%, taking the year-to-date global multi-strategy returns to a healthy 11.39%.

Most of the equity markets rallied, giving the December equity composites a boost. The Global Equity median was up 1.13% for December and 10.89% for the full year, largely boosted by the performance of individual managers in markets such as the US and Europe.

US equity funds of hedge funds had a great month, up 1.41% with a year-to-date return of 12.36%, according to the InvestHedge US equity medians. European equity funds of funds were the equity laggards, up 0.88% with year-end performance up...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI