Author -- George Trager, Financial Markets Enthusiast, Editor of investbrain.net
Blog -- investbrain.net
Article Title: Why Did 2015 Suck For Hedge Funds?
At this point the fact that 2015 was one of the poorest and most challenging years for hedge funds has been discussed ad nauseum. Very large and venerable hedge funds such as Larry Robbins’ Glenview Capital Management, David Einhorn’s Greenlight Capital and Bill Ackman’s Pershing Square each ended 2015 down between 15-20%. But even beyond these few, overall returns for hedge funds were tepid: the Barclay Hedge Fund Index estimated that the 2,000+ hedge funds included in its index returned on average 0.24% in 2015, the lowest returns in 4 years. What caused this? 3 factors in our view
Hedge...

