More High Profile Withdrawals Hit Hedge Funds

A look at some stats and stories on Hedge Fund Redemptions from 2016. At the beginning of this week, JP Morgan published its 2017 Institutional Investor Survey, which revealed despite hedge funds’ underperformance in recent years, 81% of respondents said they made new allocations to hedge funds in 2016, and nine out of ten respondents plan to increase or maintain their current allocations during 2017. On the other hand, the report notes that  approximately 80% of respondents redeemed from at least one hedge fund in 2016, but this number was little changed from the prior year. However, despite this data,…