Top 2008 hedge funds keep up a hot pace in 2009
Which hedge funds have followed a good year in 2008 with another classic vintage for 2009?
First the good news: Let's say your hedge fund is up 50% this year. Now the bad news: That same fund was down 25% in 2008. As an investor you are pretty much back to where you started. The fund manager isn't euphoric either, as that accounts for two years with no performance fees.
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