AIMA/KPMG study shows long-term hedge fund outperformance


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 Association (AIMA).

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 between 1994 and 2011, compared to 7.18% for global stocks, 6.25% for global bonds and 7.27% for global commodities.