Funds Of Funds Losing Out As Hedge Fund Industry RestructuresRupert Hargreaves
The hedge fund industry is currently going through a transition. As investors re-evaluate their exposure to the sector, due to the high fees and poor returns, which often negate the benefits of investing in hedge funds, more funds are now closing than opening.
According to data compiled by Singapore-based Eurekahedge, so far this year there have been more hedge fund closures that launches and closures have outpaced launches for six consecutive quarters . . .
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