(Reuters) – Global equity hedge fund firm Skyline Capital said on Monday it is to shut after widespread weakness in emerging markets resulted in its funds posting double-digit falls in 2015.The closure follows that of peer Nevsky Capital in December and comes amid some weak industry performance, rising costs and increased pressure on fees that a Reuters poll suggests could see even more firms fold in the coming 12 months.
Global equity hedge fund Skyline Capital to close
This entry was posted in Syndicated. Bookmark the permalink.