Activist Hedge Fund Index Dramatically Outperforms

A new index that tracks the investments of activist investments is up more than double that of both the stock market and a general hedge fund index.

Activist hedge funds performance

Over the course of nearly a decade, the Novus Activist Portfolio generated returns near 267 percent, more than double the returns of the S&P 500 (INDEXSP:.INX) and the HFRI Composite Index, which tracks general hedge fund performance, a recently released report from Novus shows.

“Cumulatively, the activists trounce both the market and the hedge fund universe in terms of simulated absolute return,”...