(The Business Insider) 2016 was a tough year for hedge funds. The industry as a whole only delivered a 5.4% return for clients, well below the S&P 500’s return of 11.9%, according to data from eVestment. Poor performance and high fees drove money out of the money managers’ funds, with about $70 billion pulled out of the funds last year, the biggest drop since 2009, according to data tracker HFR.
These Are The 11 Biggest Hedge Funds in The World
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