(CNBC) Too many hedge funds don’t earn their keep. In the wake of feeble returns, the $3 trillion industry in the first quarter suffered its largest outflow of investor cash since 2009, according to Hedge Fund Research. It could be for the best. The high-fee model may be better suited for the periphery than the mainstream..
Shrinkage may be just what subpar hedge funds need most
This entry was posted in Syndicated. Bookmark the permalink.
