So says industry data tracker Eureka hedge
- hedge funds posted their lowest annual return for four years
- Eureka Hedge Fund Index fell 0.58% in Dec
- average annual performance of 1.56%
EurekaHedge say returns across strategic mandates were disappointing during December with most finishing the month in negative territory.
"In particular long positions into European equities suffered losses as ECB's early December meeting proved to be a disappointment for investors leading to a slump"
No one said trading was easy but the words "bubble and "bursting" spring to mind.
Any hedge fund traders/managers out there and want to give us your take on it ?