US: Hedge funds – rentiers or warriors?


The disappointment or even disgust many investors feel is not just about losing money, or about losing money in a flat year. It’s the kind of repulsion one would have at seeing a police officer run screaming from a gunfight DATA INCLUDES: US hedge funds at a glance, assets, new funds, median performance

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Josh Friedlander, online editor, AR

That sound you hear is of a few thousand investors wringing their hands over last year’s widespread losses. In the Americas, 56% of hedge funds in our database lost money in 2011, falling an average of 1.59%.

The biggest names in the industry, despite all their theoretical advantages, did almost as badly, with the funds in AR’s Brand Names list losing an average of 1.82%. Meanwhile, the correlation of hedge fund returns to the markets hit