Hedge Funds' Robust Returns Keeping Pace With 2012

Law360, New York (October 17, 2013, 12:00 PM EDT) -- The global hedge fund industry posted a strong third quarter with net gains of more than 3 percent and appears poised to match or even eclipse its performance in 2012, according to a survey by U.K.-based industry consultant Preqin Ltd. released Thursday.

Hedge funds posted an overall net profit of 3.24 percent for the quarter, boosting year-to-date gains to 7.17 percent, Preqin said. The strong quarter brought the industry closer to 2012 levels — hedge funds had gains of 7.37 percent for the first three quarters...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.