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Hedge Fund Performance in 2011 Not All Lemons

TIGER GLOBAL MANAGEMENT LLCHedge fund may have had a tough year, on average – Amid political uncertainty, the debt-ceiling debate in Congress and mounting fears of a European financial crisis, the Eurekahedge index, which measures average returns, dropped 4.1 percent for the year – but that is just an average.

For every hedge fund that lost over 50%, like John Paulson’s Paulson & Co., there is another one that had returns in the upper double digits.

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