Hedge Funds Hit Hard In October As Odey Cleans UpRupert Hargreaves
With more than for most fAfter several years of mixed performance, the hedge fund industry returned an aggregate 8.92% in 2017, according to data and analytics firm eVestment, offsetting concerns about the health of an industry that has come under pressure to drop fees and improve performance in recent years.
Unfortunately, the positive performance has not continued into 2018.
According to eVestment, at the end of September, the industry had achieved gains of just 0.3% for the third quarter, bringing year-to-date returns to a less than impressive 0.53%, against the backdrop of a general a strong investment market.
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