(Citywire) The hedge fund industry suffered a massive net outflow of $102 billion (£80 billion) in 2016. The figure was revealed in the 2017 Preqin Global Hedge Fund Report, which also stated that 66% of hedge fund investors felt their managers had fallen short of expectations. It also revealed that 41% of fund managers felt their performance objectives were not met in 2016…
Hedge Funds Suffer $102 Billion Outflow in 2016
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