The value of the hedge fund industry

This report provides an exploration and summary of the value provided by the global hedge fund industry to investors, markets and the broader economy.

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The report is presented in two parts:
- A quantitative analysis of hedge fund performance based on index data from 1994 to 2011, and
- A review of recent literature by leading hedge fund observers on the value of the industry.

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The value of the hedge fund industry (PDF 2.78MB)
http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/Documents/hedge-fund-value.pdf

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