Local hedge funds better than ASX, global peers

Original article by Bianca Hartge-Hazelman
The Australian Financial Review – Page: 25 : 6-Nov-14

Australian hedge funds achieved an average return of 4.3 per cent in the first nine months of 2014, according to Australian Fund Monitors. The firm also notes that 63 per cent of these funds outperformed the S&P/ASX 200 Index, while 95 per cent did so in September, when the market fell sharply. Local hedge funds have also outperformed their global counterparts, with the Bloomberg Global Aggregate Hedge Fund Index achieving a return of 2.3 per cent

CORPORATES
AUSTRALIAN FUND MONITORS PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S ASX 200 ACCUMULATION INDEX, BLOOMBERG GLOBAL AGGREGATE HEDGE FUND INDEX, STANDARD AND POOR’S 500 INDEX, DOW JONES INDUSTRIAL AVERAGE INDEX, BANK OF AMERICA AUSTRALIA LIMITED, MERRILL LYNCH (AUSTRALIA) PTY LTD, REGAL FUNDS MANAGEMENT PTY LTD, MORNINGSTAR PTY LTD

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