Salient to Investors:
Goldman Sachs expects hedge funds to return an average of 4 percent to 5 percent over the next 5 years amid low interest rates.
Hedge funds trailed global stocks in 2012 for the fifth time in 7 years: a 6.7 percent gain versus 17 percent for the MSCI All-Country World Index and 16 percent for the S&P 500 Index.
Read the full article at http://www.bloomberg.com/news/2013-01-11/goldman-sachs-private-wealth-sees-4-hedge-fund-returns.html