Category: Financial
- Published: 02 June 2014
- Written by Editor
Our ranking of the top-performing funds
May 17, 2014
BARRON'S TOP HEDGE FUNDS reflected a number of marketplace shifts last year. As we predicted in early 2013, investors in asset-backeds and mortgage-backeds have seen a slowing of returns over the past year, ending a remarkable run. Our 100 best funds, many of them equity-related, returned an annualized 17.01%, net of fees, over three years, beating the BarclayHedge Index Average by a comfortable 13 percentage points and the Standard & Poor's 500 by a point. Leading the way was Glenview Offshore Opportunity, up 32.61% per year over three years, and distressed investor Hildene Opportunities, up 30.64%.