The Hindu Business Line – Investment in India-focused hedge funds is no longer the lucrative proposition it used to be. In 2012 year-to-date, India hedge funds have posted negative returns of 0.9 per cent. In contrast, the Sensex has faired relatively better rising by 12.8 per cent.
According to hedge fund research agency Eurekahedge, these hedge funds had registered losses of nearly 25 per cent in 2011. But this was not always the case. In 2010, the India-focused funds had delivered returns of 12.92 per cent and in 2009, they generated 51.6 per cent returns.