8th Jan 2020 - 5:18pm Hedge funds record best annual returns in a decade in 2019, says HFR Submitted 08/01/2020 - 5:18pm Hedge funds advanced in December to record their strongest annual returns since 2009, when the markets were recovering from the Global Financial Crisis, according to data released by HFR. The HFRI Fund Weighted Composite Index (FWC) gained +1.8 per cent for the month, increasing 2019 performance to +10.4 per cent, the strongest calendar year since the HFRI FWC surged +20.0 per cent in 2009.