In perspective - maybe things are no so bad?
Hedge Fund Returns
Jan 2010 2009
Global Hedge Fund Index -0.02% +13.40%
Weighted Strategies +0.14% +11.44%
Absolute Return +0.14% -3.58%
Directional Index +0.23% +29.34%
Convertible Arbitrage +0.31% +42.46%
Macro Index -1.84% -8.78%
Merger Arbitrage +0.40% +8.14%
Relative Value +1.63% +38.47%
