Complete April And YTD Hedge Fund Performance Summary

Tyler Durden's picture

Now that the market (and by market we mean AAPL of course) suddenly feels like it could have far less bid-side support, and hedge fundies, up until this point relishing that definitely certain year end bonus, are once again getting very nervous that the comp situtation could be a replay of 2011, we bring them some respite: because the only thing that can bring a smile to a PM with a red P&L is known that the guy down the street is redder. Below is that latest full breakdown of monthly and YTD performance courtesy of HSBC. And yes, as pointed out yesterday, it does seem that David Tepper, did Topper-tick the market...

Top 20 funds in either direction:

Select fund performance:


And the full prezo:


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tu-ne-cede-malis's picture

Keynes Leveraged Quantitative Strategies on the bottom 20 performers list?  Hmm...


CPL's picture

Anyone of them not making a high teens double digit catch aren't even meeting inflation.


Everyone on board the fail train, next stop...poor house.


BTW it's nearly 2:30, close your positions...HFT's are wrapping up for the day.

Carl Spackler's picture

Anyone of them not making a high teens double digit catch aren't even meeting inflation.


You mean the investors in the fund aren't meeting inflation.

The fund managaers still find a way to take their fees...except no 2/20 for most of them.

Translation: still headed to the poor house unless they lower their lifestyles and save their shekels

jarboejl's picture

What is the Paulson Advantage?  Losing your money in the most effecient way possible?

fireangelmaverick's picture

Its Predecessor "The Paulson Disadvantage Fund" was shockingly unpopular, hence the name change. 

CPL's picture

Effecient and effective.

midgetrannyporn's picture

The beauty is that managers get 20% of paper gains. Investors on the other hand must cash out first, which can be dicey.

fonzannoon's picture

I am curious, for yield right now would people rather own HYG or GDXJ?

ZeroPower's picture

HYG times a million. Ever since the calamity that was 08/09 we're seeing a very low amount of credits default. This bodes particularly well not only for IG, but HY as well. Hence the demand we've seen (ignoring the technicals for a moment...) in HY instruments. 2011 was a record year for low defaults, so far 2012 is at roughly the same run-rate.

fonzannoon's picture

Okay same question if you had to hold them for a year.

The trend is your friend's picture

chargin 2 and 20 and only 4 funds in double digits,  Which idiots get talked into these funds.  They must have the best sales teams in the world

jmcadg's picture

Love it, the The Paulson Advantage Plus  - The plus being fucked in the ass for an extra 3.8%.

Timmay's picture

Are these returns net of fees?

Dr. Engali's picture

So with the Paulson Advantage Plus you get the luxury of paying even more money to lose....more money. Wait is that the way it's supposed to work? I guess for Paulson it is.

junkyardjack's picture

Paulson FTW, how's that gold holding doing?

i love cholas's picture

I thought the purpose of a Hedge Fund was to make money no matter what the market does? Dummies 

Tsunami Wave's picture

I can't see Hayman Capital on here.. aka Kyle Bass' fund.

I should be working's picture

What I want to know is what is the average return for the group net of fees and commissions and how many basis points behind the SnP 500 is that?