No big surprise according to finaltneratives. Small (presumably hungry) hedge funds outperform their larger peers, while young funds outperform their seniors according to the latest data from industry analytics provider PerTrac.
According to the firm's latest report—Impact of Fund Size and Age on Hedge Fund Performance—funds with under $100 million AUM returned 13.04% in 2010, while mid-sized funds ($100 million to $500 million) returned 11.14% and large funds (over $500 million) returned 10.99%.
Read more at http://www.finalternatives.com/node/18186
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