http://www.businessinsider.com/idws-ilana-weinstein-on-recruiting-for-hedge-fund-jobs-2017-11 This is a good article on the hedge fund industry.
Since apparently nobody in this thread including the OP has heard of this fairly new website called google, and Sle gave fairly non-numerical answers (how much is plenty?), let me show off my google fu power: 1. It depends on how many years we are looking at. The more years the less funds. Over the last 15 years, 92.2% of large-cap funds lagged a simple S&P 500 index fund. The percentages of mid-cap and small-cap funds lagging their benchmarks were even higher: 95.4% and 93.2%, respectively. In other words, the odds you’ll do better than an index fund are close to 1 out of 20 when picking an actively-managed domestic equity mutual fund. Also: "A barometer of hedge fund performance, called the HFRI Fund Weighted Composite Index, has generated an annualized gain of just 1.7% over the past five years. Compared to that, the S&P 500's average annualized return for the same period was 11%. " 2. It kind of depends on the market in general. When in a bullmarket, most HFs make money even if less than the market. When in a bear market, most HFs lose money. 3. 5 years. 4. See the above answers and interpolate. "two thirds of first time funds never raise another fund again" http://www.frouah.com/CQA Presentation.pdf https://www.marketwatch.com/story/w...-funds-beat-the-sp-than-we-thought-2017-04-24 http://www.hedgefundfacts.org/hedge/statistics/returns/
I used Yahoo to find Google, but as Yahoo is not one of my Favourites since 1999, I had to Google Yahoo first.
Why dont "we" all admit "our" own returns and critical mass AUM isnt tht good, and come together form a "fund" and run it like Dalio suggest seen here ?
But the results you guys are citing here have a tremendous survivorship bias, as do the big hedge fund performance indexes (Barclays, Credit Suisse, etc.).It doesn't account for all the funds that evaporated along the way, The road narrows.