Boomerang Capital Partners provides a great resource for tracking and benchmarking investment returns for hedge funds in general and the many different hedge fund strategies. Here is the link to the page where they offer a free report called the Periodic Table of Hedge Fund Returns.
I think it is helpful to see how all the different hedge fund strategies stack-up over time and on a quarterly basis. As you might expect, different strategies do well in different markets. Our long/short equity strategy compares well to the “L/S Equity” strategy benchmark that Boomerang created. And, I think it is fair to say that the Most Attractive and Most Dangerous Stocks reports are far more accessible and cheaper than most hedge funds.