WE ARE IN THE TOP OF HEDGE FUNDS’ RANKING

We did 49% in 2013.

Hedge fund industry made on average 7.4 % in 2013 against the SP500 which made 30%. The hedge funds are lagging behind SP500 by 23%. The Long-short equity funds, which bet on rising and falling stocks, rose 11 percent last year. The whole statistic includes 1264 funds out of 2257 which was reported. In 2013 we made more than 49% since March. So, we hit the market plus the hedge fund business with a wide percentage.

Last December hedge funds made only 0,1%, the SP500 gained with 2,4% we made 2,92%.

The point is the average hedge funds always underperform the SP500. Hedge funds the last time in 2008 beat U.S. stock market, when they lost only record 19 percent compared with SP500’s drop 37%.

There are some big fund templates:

• Paulson & Co., the $20 billion New York-based hedge fund run by billionaire John Paulson reached 31% last year. 
• The best performer is the Recovery Fund, its 63% 
• Elliott International rose 12 % in 2013 with $23.9 billion in assets, run by Paul Singer. 
• Bridgewater run by Ray Dalio, rose 5.3 % in 2013. 

So with our 49% we are in a very top of all hedge funds around the world. 

The BFM Assets Team.