Dow Jones – No matter which road they traveled, many hedge funds hit a dead end this year, judging from performance data compiled by Dow Jones Indexes and Credit Suisse Group AG.
All seven trading strategies tracked by the Dow Jones Credit Suisse “Core Hedge Fund Index” are showing losses as of Wednesday, Dec. 14, with the entire index dropping nearly 8%. Investors would have been better off in the Standard & Poor’s 500-stock index, which dropped only 4% over the same period.
