I think if you want to be a successful hedgefund manager, then you need to beat the market. This means if the market grows by 5%, then the funds capitalization

I think if you want to be a successful hedgefund manager, then you need to beat the market. This means if the market grows by 5%, then the funds capitalization needs to grow by more than 5%. What you are describing is how a bank or more conservative financial investment management firms work. These are the firms that manage mutual funds or sell life insurance.