Hedge Fund Riches

“I am happy to buy when faced with irrational fear, but the fear that I see around me today appears reasonably rational. - Crispin Odey”

Hedge fund investments peaked in June 2007 and bottomed in October 2008.

Q1: January, February, March 2008

• Hedge Fund returns in January were lowest since July 2002

“Data from Hedge Fund Research showed that the overall return for hedge funds during January was -1.8 per cent.”

Q2: April, Mai, June

• April 2008 Hedge Fund Performance Commentary

Q3: July, August, September

• Hedge fund boss pays himself £28m after thriving during credit crunch.

Q4: October, November, December

In October over $21 billion was taken out of the industry. Investors got desperate and wanted to sell in a market short of buyers. Money was aggressively taken out.

November 2008 was almost as bad. $19.4 billion was taken out of hedge funds. The total outflow of hedge funds for 2008 was at $44 billion.

Hedge Funds in general finished 2008 -18.3%.

See a list of top 10 hedge fund winners and losers

Hedge Fund Riches is giving you the list of the best and the worst hedge funds of 2008.

List is sorted in Investment funds - return - date.

Top 10 winners

1. mulvaney global markets fund ltd - 98.28 - 30 nov 08
2. tulip trend fund, ltd - a - 62.05 - 31 dec 08
3. conquest macro fund, ltd (comp) - 46.51 - 31 dec 08
4. clive fund (the) Class - A- 43.71 - 26 dec 08
5. Bluetrend fund, ltd - class a - 43.37 - 31 dec 08
6. jwh global strat.fin. & metal - 39.30 - 30 nov 08
7. paulson advantage plus ltd - 37.58 - 31 dec 08
8. tudor tensor fund limited class I - 35.40 - 24 dec 08
9. ursa offshore limited - 35.10 - 31 dec 08
10. man ahl diversififed plc - 33.23 - 31 dec 08

Top 10 losers

1. 788 china fund ltd -94.62 - 30 nov 08
2. greater europe fund -84.90 - 31 dec 08
3. kaltchuga fund - russia eq. sub-fund-$ -78.85 - 19 dec 08
4. mc russian market fund - a -77.52 - 31 dec 08
5. russian prosperity fund - a -76.68 - 24 dec 08
6. gradient europe fund (the) -75.54 - 31 dec 08
7. PF (lux) - eastern europe-p cap -73.97 - 31 dec 08
8. turnberry capital intil -72.78 - 30 nov 08
9. rab special situation fd ltd -69.14 - 29 dec 08
10. kinetics fund, inc - A/A -69.11 - 31 dec 08

Source:  Read full report here, Michael Covel - 2008 Hedge Fund Performance