(Valuewalk) Certain hedge funds have taken it on the chin in 2016. New data from Hedge Fund Research (HFR) shows new launches down year-over-year amid a higher number of closings and steadily falling hedge fund fee revenue. The moves come as industry capital has risen to record levels, but 2017 could offer brighter prospects for active managers, HFR President Kenneth Heinz predicted.
Hedge Fund Fees, New Launches Down In 2016
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