January 28, 2010 at 09:00 AM EST
Hedge Funds Staged Big Comeback in 2009
Coming off its worst calendar year loss in history, the hedge-fund industry enjoyed a strong comeback in 2009, as three separate indexes that track hedge-fund performance recorded gains of 18% or more. That didn't stop hedge funds from losing $131 billion through investor redemptions in reaction to the financial meltdown that began in 2008. But the money that remained was apparently put to good use, as a rally in the equity markets and more aggressive investment strategies produced the second best year for hedge funds in the last decade. Continue reading Hedge Funds Staged Big Comeback in 2009 Hedge Funds Staged Big Comeback in 2009 originally appeared on DailyFinance on Thu, 28 Jan 2010 09:00:00. Filed Under: Investing Permalink | Tweet this! | Comments
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