Activist Hedge Funds Still Mostly US Based

In a special report on activist hedge funds, Preqin noted the growth of the strategy that is primarily rooted in the US, but noted the potential for global growth.

Cumulative returns

Fueling this growth is headline performance.  Average cumulative returns for activist hedge funds over a 12-month period of time was 11.82 percent compared with an average hedge fund annual return of 7.88 percent. While activist hedge funds have outperformed their hedge fund peers over a five year period, they have done so with increased volatility. When considering returns on a risk adjusted basis, the activist hedge funds fall short on a risk adjusted basis, the Prequin report notes....