Hedge Funds See Another Bad Quarter, Renewing Debate Over Rising Fees
Posted: Sat Jun 18, 2016 7:19 am
It was a really bad quarter for the hedge funds industry which continued to shrink in the second quarter of Q2 2016, despite continued growth in investors’ capital to a record level. Uneven performance failed to reassure clients frustrated by high fees. The pain suffered by hedge funds was seen as investors exhibited low tolerance for underperformance, resulting in an elevated number of liquidations, according to a Bloomberg report.
More hedge funds were shut in the first three months of 2016 and outstripped the number of new funds that were launched during the same period. According to data published on Thursday by ... (read more)