Carnage at hedge funds as 566 close: Investors turning to cheaper and more predictable alternatives

(This is Money) Hedge fund numbers are set to drop this year as investors plough cash into cheaper and more predictable alternatives. A study by Singapore firm Eurekahedge revealed ….that in fund closures around the world 566 had been shuttered in the first nine months of the year, compared to 518 start-ups….

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