Hedge funds have significantly outperformed traditional
asset classes such as equities, bonds and commodities over the
last 17 years, according to a new study by the Centre for Hedge
Fund Research at Imperial College in London. The research was
commissioned by KPMG and the Alternative Investment Management
The report, entitled "The Value of the Hedge Fund Industry
to Investors, Markets and the Broader Economy", found that
hedge funds returned 9.07% a year on average after fees...