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