Pensions & Investments – Hedge fund returns for the first half of 2010 were uninspiring, hovering between flat and slightly negative for the major hedge fund indexes.
But the returns were vastly better than the -6.64% of the S&P 500 and -9.1% of the MSCI World index for the period.
Leading the pack for the six months ended June 30 was the 0.4% return of the HFN Hedge Fund Aggregate index, followed by the Hennessee Hedge Fund index, 0.2%; Greenwich Global Hedge Fund index, 0.1%; Lyxor Hedge Fund index, 0.09%; HFRI Fund Weighted Composite index, -0.18%; and Eurekahedge Hedge Fund index, -0.2%.
