Hedge funds posted their lowest annual returns in 2015 in four years, according to data from investment research firm, Eurekahedge.
In a challenging year for investors which saw global stock markets largely fall, the Eurekahedge Hedge Fund Index rose by 1.56 percent, its worst performance since 2011 when it fell by 1.81 percent. In 2014, the Eurekahedge Hedge Fund Index gained 4.64 percent.
The MSCI World Index — a broad indicator of global stock market performance — ended 2015 down 0.48 percent, according to Eurekahedge. The FTSE CNBC Global 300 index closed down 2.70 percent.