(Preqin) With recent returns lower than investors have come to expect, the performance of the hedge fund industry is under increasing scrutiny. Joe McGee takes a closer look at the performance of the asset class and its implications, using data from the 2016 Preqin Alternative Assets Performance Monitor and upcoming Preqin Investor Outlook: Alternative Assets, H2 2016.
Following returns of 1.97% in 2015, the Preqin All-Strategies Hedge Fund benchmark returned 1.09% in the fi rst six months of 2016. With industry returns considerably below the doubledigit fi gures experienced in 2009, 2010, 2012 and 2013, investors have become increasingly concerned about the impact of hedge fund performance on their portfolios: 79% of investors surveyed for the upcoming Preqin Investor Outlook: