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Hedge fund performance surprises
Hedge funds performed better than expected last year, according to the Credit Suisse Tremont Hedge Fund Index, released this week.
The index finished the year revealing a total return of 13.86 per cent.
The President of the Credit Suisse Tremont Index, Oliver Schupp, said the result was stronger than expected and had been driven by a favourable market environment.
“Record highs in global markets and mergers and acquisition activity along with a stronger than expected earnings season, a pause in the continual increasing of interest rates by the Federal Reserve, high energy prices and volatility fluctuations were positive contributors,” he said.
The Credit Suisse/Tremont Hedge Fund Index is comprised of 433 funds and includes both open and closed funds located in the US and offshore.
AUTHOR
Mike Taylor
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
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