Hedge Funds Review – Potential for narrowing discounts of listed hedge funds is “significantly more encouraging” than the below 10% returns most investors expect from the broader industry this year.
Three-quarters of listed hedge fund investors polled recently by Royal Bank of Scotland (RBS) expect hedge funds to make 10% or less in 2010, below the 10.5% estimated by Hedge Fund Research and the average annual 12.8% since 1990.