Quote from Retired:
Funds that do real hedging, i.e. shorting, are actually doing great in this market.
really?
Index / Sub Strategies Value Sep 08 YTD 1 Year Annl* Std Dev* Sharpe*
Credit Suisse/Tremont Blue Chip Index 116.91 -7.80% -12.45% -10.93% 3.07% 5.28% 0.01
Convertible Arbitrage 86.93 -13.91% -27.21% -28.60% -2.68% 8.82% -0.65
Dedicated Short Bias 69.76 -18.85% -8.93% -2.51% -6.73% 16.46% -0.59
Emerging Markets 187.32 -9.65% -20.53% -15.05% 12.92% 10.48% 0.94
Equity Market Neutral 111.54 -0.20% -4.85% -5.88% 2.14% 2.34% -0.38
Event Driven 139.22 -7.42% -10.82% -9.92% 6.61% 5.96% 0.60
Fixed Income Arbitrage 103.03 -7.88% -9.31% -6.53% 0.58% 5.04% -0.49
Global Macro 111.77 -9.78% -8.84% -2.17% 2.18% 7.63% -0.11
Long/Short Equity 111.96 -10.83% -21.54% -21.49% 2.21% 8.31% -0.10
Managed Futures 125.02 1.18% 7.48% 10.41% 4.42% 11.73% 0.12
Multi-Strategy 117.80 -8.11% -13.73% -13.76% 3.22% 5.72% 0.03