Though it was a year of tepid returns for the average hedge fund, these three had absolutely mind-blowing performance in 2013, according to Morningstar data. 600%+ anyone?
Alternative Investment Group's Alternative Investment Institutional Ltd. Fund: 663%
That's right, if you invested in this three-year-old fund of hedge funds managed by David Storrs, you'd have grown your money sixfold in just twelve months. The fund has a total of $134 million in assets.
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Stratton Street Japan Synthetic Warrant Fund: 307%
Managed by Matthew Lonergan and Trevor Silwerski, this $3.5 million long-only (more traditional) hedge fund tripled investors' money in 2013.
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Northwest Investment Management's Northwest Warrant Fund Ltd USA: 224%
This emerging markets-focused hedge fund managed by George Phillips and David Rogers had a great 2013, more than doubling investors' assets, which totaled $34.8 million at the end of the year.
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