Hedge Funds Performance

Hedge funds show strength at midyear; BlueMountain, Chilton, QIM among winners


Some 65% of hedge funds in the black for first half of 2012.



Source: HedgeFund Intelligence
database, original reporting.

If 2011 was a year to forget, 2012 looks to hold happier memories for hedge funds as a whole.

Despite persistent talk that the industry’s aggregate performance may not justify its fees, hedge funds enjoyed their best first half of performance in three years, according to the HedgeFund Intelligence database. The broad AR Composite index rose 2.65%, buoyed by a blistering investment environment for credit and distressed strategies in particular. Overall, 65% of funds are in the black at midyear