Bloomberg – Hedge funds returned 1.7 percent in December, rebounding from a November loss and ending 2010 at the highest level in more than two years as global equity markets rallied, according to data compiled by Bloomberg.
The Bloomberg aggregate hedge-fund index rose to 120.34, the highest since August 2008, amid optimism for economic growth. The gauge for the $1.8 trillion industry peaked at 130.38 in July 2007.
