News
A Reuters report before Christmas states that "deep cracks are starting to show in the love affair between hedge funds and their investors" due to diminishing returns and an investor perception over lack of value.
They quote Hedge Fund Research data as showing the average fund lost 4.4 percent in the first 11 months of the year. It quotes one one large institutional investor as saying "I'm disappointed at the level of returns...The hedge fund industry has once again been underwhelming people's expectations".
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Published: 5 January, 2012