Australia's Absolute Return and Hedge Fund managers significantly outperformed both local and overseas equity markets in the first half of 2008, with over 80% achieving better returns than the ASX200, and 36% achieving a positive return after fees.
The average cumulative return of all Australian Hedge funds in the six months to June 2008 was -3.64%. Collectively on average they outperformed the ASX200 benchmark by almost 18%.
For a full copy of the report, which covers distribution of returns by Manager type, strategy, asset class, monthly volatility, investor type, fund domicile and geographic mandate, download the file below.
Attached Files:
Absolute Return & Hedge Fund Performance Review YTD June 2008