Hedge funds missing out on the bounce

Discussion in 'Professional Trading' started by heech, Oct 28, 2011.

  1. heech


    Saw the article this morning in the WSJ that Paulson was just up 1% this month, missing out on the huge bounce. Looked around at the indices, and saw that he's not alone:


    Those are some pretty ugly numbers, considering the huge surge we just had.

    HFRX Equity Hedge Index 1.15% (MTD) -17.45% (YTD)
    Fundamental Value Index 1.46% (MTD) -22.66% (YTD)
    Market Directional Index 0.27% (MTD) -16.29% (YTD)

    The market this year is just, quite simply, mean.
  2. Look at the YTD colunm. It is all red!

    Except for one single category, which is up a measly 0.25% for the year.

    Tough year.
  3. And to think, take a look at the data from the hedge fund industry, YTD. Then compare those % with the chatter here on ET. I mean, 99% of ET traders are Kicking Arse this year right?

    Maybe some of those Hedge Fund pro's should meet up at one of the many ET 'meet and greets' to get a pep talk from the ballers, shot callers.

  4. i am truly up 5% this year in my longterm portfolio. exited recovery from 2008 at pretty good average price but reentered not the best way. Low point was around -10% so far.

    Not too bad, comparing to these guys.

    realised that fund managers on average are substandard and they don't care about returns. Just another of worthless jobs that exist out there.