Full index stats and benchmarks for December hedge fund performance are now live from HedgeFund Intelligence.
Nearly 60% of hedge funds lost money in 2011, according to preliminary data from the HedgeFund Intelligence Database, which has received yearend performance reports from 31% of its listed funds.
The HedgeFund Intelligence Global Composite Index ended 2011 down 1.91% after a slight gain of 0.06% in December. That compares with a 0.06% loss for the MSCI World Index, which ended the year down 5.54%. The Global Equity Index fell 0.30% in December, bringing it down 4.39% for the year.
Emerging Market Equity funds fell 1.50%, making them the worst global performers of the month.