They're still doing quite well all things considered--really well in fact relative to most people trying to manage other people's money. Personally I don't pla

They're still doing quite well all things considered--really well in fact relative to most people trying to manage other people's money. Personally I don't place much value in comparing short term returns as it applies to saying who's a better manager. The same thing happens with hedge funds. A firm can have a great year but the real test is how they perform over years or even decades. How many hedge funds can outperform someone like a Warren Buffet over the long term? Not many. In fact sadly many fail to even beat index funds. One great year makes a headline, consistent great years makes a great investor.