Mainstream Asset Managers Hold Steady As Hedge Fund Withdrawals RiseMark Melin
As hedge fund withdrawals continue amid under-performance relative to the stock market, with JPMorgan predicting pain in on the way. Despite this, a Bank of America Merrill Lynch shows mainstream asset managers holding steady in April. The news comes as intensive pressure is being applied to pension fund managers to explain their logic for hedge fund allocations.
Publicly traded asset managers see assets hold steady due to market rise, slight outflows evident
Public managers had slight overall asset growth in April, due in part to a reversal . . .
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