Here are the best hedge funds for 2015: Experts

Dan Loeb, founder and chief executive officer of Third Point.
Amanda Gordon | Bloomberg | Getty Images

Nervous about stock prices being too high, bond yields being too low and cash doing nada? Then hedge funds may be right for you.

That's the pitch investors in the asset class are giving to their own clients—even as the average hedge fund manager underwhelmed in 2014 with a 4.21 percent average return, per HedgeFund Intelligence.

"We think hedge funds going forward make a lot of sense in the portfolio given how equities and bonds have traded over the last several years," Robert Duggan, a portfolio manager at $12.5 billion SkyBridge Capital, said in a recent video to accompany a white paper this month, "Why Investors Should Allocate to Hedge Funds."