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Article: Hedge Funds Outperform Major Indices.
- Article from:
- Investment Management Weekly
- Article date:
- September 17, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The market has hit such a pathetic low companies are advertising negative returns. Van Hedge Fund Advisors International in Nashville, Tenn., recently informed investors that the average U.S. Hedge Fund fell only -0.3, while damage to the major indices was "far greater".
Van Hedge noted the other indices' relative demise. The Russell 2000 fell - 3.2%, the Dow dipped -5.2%, the S&P 500 went down by -6.3% and the NASDAQ tumbled -10.9%.
Year-to-date, the average domestic hedge fund has gained 2.6%. The Russell 2000 has a -2.1% return, the Dow fell -6.7% so far and the ...