The Average Global Hedge Fund Gained Only 3.17 Percent In 2012

That is definitely a very interesting statistic - only 3.17 percent? the average global hedge fund returned only 3.17 percent in 2012? That is very, very strange - was 2012 that bad a year? (Statistics Source)

Multiple factors at play here, obviously. The key ones being a huge miscalculation on the actual impact of government support, and misreading the elections (maybe).