Hedge funds advance +3.0% in December

7 Jan 2011
Hennessee Group has announced that the Hennessee Hedge Fund Index advanced +3.0% in December (+10.2% YTD), while the S&P 500 increased +6.5% (+12.8% YTD), the Dow Jones Industrial Average advanced +5.2% (+11.0% YTD), and the NASDAQ Composite Index increased +6.2% (+16.9% YTD). Bonds fell with the Barclays Aggregate Bond Index declining -1.08% (+6.56% YTD).