Hedge funds finished last year up 2.42 percent, according to analysis by the Alternative Investment Management Association (AIMA), the global representative body for alternative asset managers. The AIMA said the analysis represents one of the most comprehensive assessments of the global hedge fund industry’s performance in 2015.
According to the AIMA, hedge funds on average outperformed stocks and bonds on both a headline and risk-adjusted basis. Hedge funds globally finished the year up 2.42 percent net of all fees. Around 65.30 percent reported positive returns.
Risk-adjusted returns were positive, as measured by a Sharpe ratio of +0.52. The best performing strategies were equity market neutral/quant (up 10.44 percent), long/short equity (up 6.79 percent) and multi-strategy (up 5.65 percent).