The Hedge Fund Industry Is Not Shrinking As Fast As You Think

It seems not a day goes by without some media outlet proclaiming the end of the hedge fund industry. At first glance, it may appear as if the industry is dying. Several high-profile asset managers have withdrawn funds from hedge funds over the past few years; it is widely reported that several high-profile fund managers are struggling to keep investors invest in their funds. Also see Q3 2016 hedge fund letters Notable industry names have cut fees to increase their appeal to investors over the past 12 months. Andrew Law’s macro hedge fund Caxton Associates has dropped his annual management fee…