(Gulf News) For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry’s assets, 2016 has been another year to forget.
Beset by investors pressing for lower fees and the dulling effect of central bank easy monetary policies, the biggest winners were largely to be found betting on credit, a rebound in commodity, energy and emerging markets or the election-fuelled run-up in US stocks.
