Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Larry Swedroe: 2018 Report Card For Hedge Funds

FYI: Hedge funds entered 2019 coming off their ninth-straight year of trailing U.S. stocks (as measured by the S&P 500 Index) by significant margins.

And for the 10-year period ending 2017—one that included the worst bear market in the post-Depression era—the HFRX Global Hedge Fund Index produced a negative return (-0.4%), underperforming every single major equity and bond asset class.

So how did hedge funds fare in 2018? The following table shows the returns for various equity and fixed-income indexes. The HFRX Global Hedge Fund Index returned -6.7%.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-2018-report-card-hedge-funds
Sign In or Register to comment.