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As an industry, returns on assets are low.
And it is reflected in the airlines' bottom line as the industry returns to profitability.
"Hedge fund industry returns continued to lag popular financial industry benchmarks," Charles Biderman, founder of TrimTabs, said in a statement.
"The commission should suspend the rules for next winter, too, until the industry returns to more normal operations," he said.
The HFRX, a widely used measure of industry returns, is up by just 3%, compared with an 18% rise in the S&P 500 share index.
Credit Suisse, which follows industry returns, has said the number of managers reporting shrank about 10 percent since 2008 - reflecting a combination of fewer funds and fewer managers willing to share their data.
Similar(41)
After two years of decline, the global insurance industry returned to growth in 2010.
Nobody revisited the technology until the industry returned to it, en masse, in the 1990's.
Over time, the industry returned to level 1 stability, but with a fundamentally new structure.
Industry returned, but in the form of lawyers and techies sipping cappuccinos, not widget-makers pumping water.
After a decade littered with steep losses and bankruptcies, the struggling airline industry returned to profitability last year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com