Breadcrumb Home INTERACTIVE February 04, 2009 12:00 AM Table: Top-performing hedge fund categories Tweet Share Share Email More Reprints Print Top-performing hedge fund categoriesReturn for fourth-quarter 2008 for funds with more than $100 million in assets.CategoryReturnHF Convertible Arbitrage-10.83%HF Corporate Actions-12.99%HF Debt Arbitrage-8.63%HF Developed Asia Equity-3.98%HF Distressed Securities-15.09%HF Emerging Market Equity-16.84%HF Equity Arbitrage1.19%HF Europe Equity-1.45%HF Fund of Funds - Debt-10.04%HF Fund of Funds - Derivatives1.84%HF Fund of Funds - Equity-8.65%HF Fund of Funds - Event-12.89%HF Fund of Funds - Multistrategy-8.64%HF Fund of Funds - Nondirectional-8.29%HF Global Debt-12.77%HF Global Equity-9.02%HF Global Non-Trend1.61%HF Global Trend13.25%HF Multi-strategy-6.95%HF Short Equity4.41%HF U.S. Equity-11.13%HF U.S. Small Cap Equity-7.08%Average-6.37%Source: Morningstar Inc. Recommended for You Energy companies spending less on capital expenditures, more on dividends/buybacks Service industry DC plans grow faster than goods-producing sector Retail REITs' fundamentals remain strong Sponsored Content: Infrastructure Debt Delivers Reliable Returns Reader Poll May 1, 2023 What asset class is best for corporate plans' growth investments when using LDI? SEE MORE POLLS > Sponsored White Papers Middle market credit: We’re gonna need a bigger boat Alternative Credit: Differences and Opportunities in CLOs and Credit Risk Shari… Fixed Income is Attractive, but Beware of "Fake" Yield Counting on a Crisis: A Catalyst for Investment Innovation? A Strategic Allocator's Guide to Productivity and Profits Research for Institutional Money Management View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More