First Quarter 2011 Scoreboard: S&P 500 Beats All Hedge Funds

The first quarter of 2011 is in the books and the S&P 500 Index is beating the Dow Jones Credit Suisse Hedge Fund Index by a score of 5.92% to 2.21%.  The best performing strategies:  convertible arbitrage and multi-strategy returned barely above 4%.  As expected, short strategy is the worst performer at -6%.  Only other strategy with a negative return is managed futures.  The chart can be viewed at Pensions & Investments.