Hedge performed exceptionally well this year (2013), compared with last year’s performance. Since the recent release of a report which put the yield of the average fund at 8.1%, many analysts have been looking at the returns and trying to figure out why managers are doing so poorly, and why people are still attracted to the products. When funds lost, on average, 4.8% in 2011, similar questions were being asked. The S&P 500 lost...
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