Hedge funds head south

A high percentage of hedge funds are either flat or in the red in 2014 … but there is an opportunity.

Hedge fund investors had better temper their expectations for 2014. In the past two years, hedge funds have posted double-digit returns, according to alternatives investment data provider Preqin. But this year, Preqin’s all hedge fund benchmark is up just 3.7% year-to-date, way short of the double-digit returns expected for 2014 by family office investors.

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