Oct
01

Russia has been gold for hedge funds this year

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Judging by the headlines, Russia may look like a nation in turmoil. Investors, though, don’t seem to mind.

In fact, for hedge funds, Russia has been one of the biggest and best stories of 2015, turning in the only positive performance among all emerging market strategies and crushing the returns of traditional stock market indexes like the S&P 500.

The Russia/Eastern Europe Index returned 6.71 percent through August, according to the latest numbers from HFR, which tracks returns in the $3 trillion hedge fund industry…

Russia has been gold for hedge funds this year

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