Australian Fund Monitors has just released the November Absolute Return and Hedge Fund Review. Australian absolute return and hedge funds, like their overseas counterparts, enjoyed one of their best performances on record in 2009. Single funds across all strategies returned 20.81% for their investors after all fees as equity markets rebounded sharply from the selloff of 2008 and early 2009.
We also cover the performance of three Model Portfolio's which highlight some of the best funds in our database. Each of these portfolios has a three year annualised performance of over 17% with a volatility of less than 6%, and begs the question "why is there still a reluctance to increase research, allocations and investments to managers such as these?".
For detailed analysis of performance for each strategy, industry comment and ranking tables, please open the attached .pdf file.
Attached Files:
2009 absolute return and hedge fund review (pdf format)
