Ads
December 14, 2005
Hedge Funds Bounce Back in November
In November, Hedge funds have bounced back after a lackluster October run, due to a strong upswing on the stock market. Although, leading hedge fund indexes are still calculating final performance indicators for the month of November, investors and industry trackers have reported that many funds are back in the black, a turnaround on October status.
The investor interest in hedge funds has rapidly grown in recent years, as investors were almost disappointed with traditional funds, which offered low returns due to the sluggish stock market. During the last itself, the hedge fund industry had infusion of about $123 billion in fresh capital, up from $72 billion in 2003. atdmt reports:
Hedge funds, the private investment pools catering to wealthy investors and, increasingly, pension funds, have posted lackluster returns this year, though some types of funds have fared better than others. In November, a surge in the S&P 500 boosted long/short equity hedge funds, which take long positions in some stocks and hedge those positions by going short other stocks or sectors.
--
Did you enjoy this post?
Comments
Post a comment
« Return of the Macro Hedge Funds | Main | Hedge Funds Favored in SEC case »
Syndicate
Comments