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While Dow Surges, Hedge Funds Underperform By Ridiculous Margin

by ccn.com posted 5months ago 16 views
Hedge fund managers had a miserable time in 2018. Just four months into 2019, things aren’t looking much better, even as the Dow Jones Industrial Average (DJIA) pounds toward a new all-time high. Lousy fund performances should make investors wonder if they should steer clear of hedge funds, whose “expert” analysts and stock-pickers claim the ability to beat maximize returns but have been exposed as no better at forecasting the market than anyone else. Hedge funds haven’t just underperformed when the market is booming.

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