Investors Walk Away From Activist Funds As Performance Deteriorates

Investors Walk Away From Activist Hedge Funds Activist hedge funds are falling out of favor with investors according to Eurekahedge’s latest hedge fund report. The report, published earlier this week, notes that activist hedge funds have seen their assets under management dip below the key $100 billion threshold as of February 2017. Redemptions have been picking up the pace in recent years with net outflows of $5.8 billion recorded since 2015. Over the past year, net outflows have totaled $5.3 billion thanks to the closure of some big name funds, as well as poor investment performance. Since 2015 managers have produced…