Hedge Funds Frustrated by Investors, Not Markets, in 2008
FINalternatives
February 2009
While the bulk of the hedge fund industry suffered from drawdowns and redemptions last year, a handful of non-household funds actually generated the absolute returns that they are, by definition, after. But these under-the-radar managers say their relatively strong performances have still not won them an audience with all-important institutional investors.
Mark Ort, portfolio manager at Glazer Capital Management, says the firm gained 8.85% in 2008 on the strength of the singles and doubles that it hit in its tenth year of trading.
