During 2005, Hedge funds, the loosely regulated partnerships that generally cater to the wealthy investors and institutions, moved by 9.2 percent on average. The performance was helped by the stock-market rally in the second half, according to Hedge Fund Research Inc. Bloomberg reports:
Performance had been mixed early in the year, but they finished on par with last year after a strong second half,'' said Josh Rosenberg, president of Hedge Fund Research, in an interview yesterday. The Standard & Poor's 500 Index rose 5.8 percent, including dividends, during the last six months of 2005.
--
Did you enjoy this post?
« Giordano pleads guilty for hedge fund fraud | Main | Hedge funds accessible for medium income investors in Europe »
Comments