Hedge Fund Performance This Year Is Just Sad

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, May 22, 2013 Hedge Fund Performance This Year Is Just Sad The analysts at Goldman Sachs have just published their latest Hedge Fund Trend Monitor report, which tracks the equity investments of the world's hedge funds. One thing is clear: hedge funds are struggling to keep up with the market. "The typical hedge fund generated a YTD return of 5% through May 10, compared with 15% gains for both the S&P 500 and the average large-cap core mutual fund," wrote Goldman Sachs Amanda Schneider.  "Hedge funds returned an average of 3.5% in 1Q 2013, lagging the S&P 500 by 700 bp. Last year the average fund returned 8% vs. 16% for the S&P 500." We recognize that not all hedge funds are out their to beat these benchmarks.  Furthermore, five months is certainly too short a period of time to judge performance. Nevertheless, this only supports the argument that most investors are much better off sitting in a boring, low-cost index fund. Read » Also On Money Game Today: IAN BREMMER: The Potential Of America's Energy Revolution Is Staggering Brokers May Soon Have To Tell Clients About Their Fat Bonuses Advertisement CHART OF THE DAY: Thanks To Abenomics, Japan's Most Controversial Company Is Up 400% This Year CHART OF THE DAY: This Chart Comparing Caterpillar To Citi Shows How The US Is Kicking China's Butt CHART OF THE DAY: The Stock Market Today Is Almost Nothing Like It Was In 2000 Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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