Yahoo – Between February 2013 and January 2014, the market benchmark S&P 500 index gained 21.5% but hedge funds gained a measly 8.2% for investors during that time period. That’s according to a survey by TrimTabs Investment Research and BarclayHedge of the $2.1 trillion hedge fund industry.
Anthony Scaramucci, founder and managing partner of the $9.6 billion SkyBridge Capital fund of funds, explains that hedge funds’ attractiveness is the result of doing exactly what their name implies – hedging.
