Hedge fund assets are at a six-year high, but their returns are below the soaring S&P 500 index, according to an TrimTabs and BarclayHedge.
In the first half of 2014, hedge funds have taken in $82.5 billion, the highest amount since the same period in 2007. Hedge funds have returned 3.7 percent through June, which is below the S&P’s gain of 6.1 percent over that period, the companies said.
Southwestern Connecticut contains a number of hedge funds, including the largest in the country — Bridgewater Associates.
