aiCIO – The difference between the best and worst performing hedge funds is narrowing, according to new research, but the number of new funds being launched is still approaching pre-crisis peaks.
In 2011, some 1,113 hedge funds were launched, including 270 in the fourth quarter, the highest calendar year total since 2007 when 1,197 funds were launched, Hedge Fund Research (HFR) announced this week.
