Performance

Equity markets ‘most lucrative’, finds LCH

by

Rick Sopher
Nearly 60% of the net profits made by hedge funds since their inception has come from the equity markets, according to Rick Sopher, chairman of LCH Investments NV, which compiled the research.

Since their inception hedge fund managers have made total net profits of $557 billion to 30 June 2011. Sopher, who unveiled what is now an annual piece of research at the InvestHedge Forum two years ago, noted the figure was slightly down from the $597 billion that they were estimated to have made up to 31 December 2010.

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