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Hedge Fund Evolution

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Hedge funds today look nothing like they did in the 1990s – and returns don’t either. The article above outlines the evolution hedge funds have undergone, and how that can influence the global investment market. 

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Past performance is no guarantee of future results. Indices cannot be invested in directly. Please refer to the disclosures for Index Definitions and other General Disclosures.


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The information contained herein is for informational purposes only. Nothing contained herein should be construed as legal or investment advice; please consult your investment professional for any such advice. This information has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. Aon Hewitt Investment Consulting, Inc. is a federally registered investment advisor with the U.S. Securities and Exchange Commission. AHIC is also registered with the Commodity Futures Trade Commission as a commodity pool operator and a commodity trading advisor, and is a member of the National Futures Association.

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Index Definitions:
HFRI Fund Weighted Composite Index – Equal weighted peer group of self reported returns of hedge funds to Hedge Fund Research
MSCI All Country World (ACWI) Index – A capitalization-weighted index of stocks representing large- and mid-cap stocks across 23 developed and 24 emerging markets
Citi World Government Bond Index (WGBI) – represents a market capitalization weighted, dollar denominated index consisting of the most significant and liquid government bond markets globally that carry at least an investment grade rating. Currently, this includes all countries in the Citigroup EMU Governments Index (EGBI) and Australia, Canada, Denmark, Japan, Sweden, Switzerland, United Kingdom and the United States. All issues have a remaining maturity of at least one year.

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