Funds of hedge funds lost 17% in 2008, posting their worst annual returns since we began keeping records in 1997, and hedge fund investments lost value across the board. Except for CTAs and short sellers, all strategies posted their worst losses in 2008.
Even after the impact of a calamitous year, half the strategies still post-cumulative returns above 100% for the past 10 years, that is, a compound annual return above 7%. Interestingly, distressed securities funds and emerging markets funds are
The week on Risk.net, March 10-16 2018Receive this by email