Global equity managers end 2010 with punchy numbers


Nearly all global equity hedge funds ended the year on a positive note, with many notching up impressive returns for the year.

December’s leaders included Guinness Energy, up 10.44% for an overall return of 17.67% in 2010, and GAM Delphic, which gained 10.36% on the month and made 7.36% for the year.

Some of the month’s best performers were also among the best on a full-year basis. Abbey Global’s 9.90% December gain took it to 18.65% for 2010 as a whole, while BlackRock Natural Resources was up 7.88% for a 23.94% return on the year. RAB Octane made