AIMA/KPMG: The Value of the Hedge Fund Industry to Investors, Markets and the Broader Economy

Published: 24 April 2012

Hedge funds significantly outperformed traditional asset classes such as equities, bonds and commodities between 1994 and 2011, according to this study commissioned by AIMA and KPMG. The research, carried out by The Centre for Hedge Fund Research at Imperial College in London, found that, per annum, hedge funds returned 9.07% on average after fees between 1994 and 2011, compared to 7.18% for global stocks, 6.25% for global bonds and 7.27% for global commodities.