The Globe & Mail – Canadian hedge funds broadly outperformed benchmarks last year, and a few hot managers in hot sectors managed to post eye-popping returns.
The Scotia Capital Canadian Hedge Fund Performance Index finished the year up 20.2 per cent on an asset-weighted basis, easily beating benchmarks such as the S&P/TSX composite index, which was up 14.5 per cent, and the DEX Universe Bond Index, which returned 6.74 per cent.
