Hedge Funds underperformed last year. HF managers did better than ever.

[cali]

Hedge funds lost money for their investors last year but the industry's top-paid managers had a banner year, with five men earning more than $1 billion each in 2015, an industry survey released on Tuesday showed. (See the survey here)

Together, the 25 best-paid hedge fund managers took home $13 billion, 10 percent more than the previous year. For many, computer models played a critical role in their success, according to Institutional Investor's Alpha's 15th annual ranking of the industry's highest-earning managers. (See the top-10 highest compensated hedge fund managers.


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http://www.reuters.com/article/us-hedgefunds-compensation-idUSKCN0Y11D1

And the beat goes on.

[LiberalArkie]

1. Fund managers always do good. I guess that is why the funds underperformed Huh?

[Wellstone ruled]

2. Legal Larceny.