http://blogs.reuters.com/breakingviews/2011/12/22/the-poorly-performing-must-have-2012-investment/ Sun, 28 Apr 2013 15:49:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/breakingviews/2011/12/22/the-poorly-performing-must-have-2012-investment/comment-page-1/#comment-8721 SimonLack Mon, 26 Dec 2011 13:48:37 +0000 http://blogs.reuters.com/breakingviews/?p=8209#comment-8721 Hedge Funds have failed to beat 60/40 stocks bonds since 2002, and at $2 Trillion in AUM the 8% return suggested above requires $160 Billion in annual profit, a figure the industry has never generated. Returns are likely to continue to disappoint. My book, The Hedge Fund Mirage, explains what went wrong. Hedge Funds have failed to beat 60/40 stocks bonds since 2002, and at $2 Trillion in AUM the 8% return suggested above requires $160 Billion in annual profit, a figure the industry has never generated. Returns are likely to continue to disappoint. My book, The Hedge Fund Mirage, explains what went wrong.

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