FINalternatives, January 10, 2011
Compared with last year's numbers—and this year's broader markets—hedge funds had a fairly pedestrian 2010, according to a pair of industry indices.
Hedge Fund Research's HFRI Fund Weighted Composite Index rose 10.42% last year while HedgeFund Intelligence's AR Composite Index added 9.12%. Things looked much worse for both before December when the former rose 3.15% and the latter 3.7%; both still badly trailed the Standard & Poor's 500, which rose more than 6% in December and more than 15% on the year.
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