NEW YORK – Hedge fund investors may wobble, but they don’t fall down–even if returns are more in keeping with savings accounts than with some Flying Wallendas’ investmentvehicle.
A new survey states that 91% of investors said their hedge fund holdings are meeting or beating expectations, and 93% intend to maintain or increase their holdings in thenear term. This despite news of several hedge funds shutting down or losing on bets gone bad.
In fact, hedge funds have gotten such a bad rap lately that many people may not have noticed that they are outperforming certain market benchmarks–albeit justbarely.
