Hedge Fund Closures on Track for the Worst Year Since 2008
The number of hedge fund closures is heading for worst year since 2008, as investors withdraw their money due to performances and fees. According to data from Hedge Fund Research, although 430 hedge funds have started in the first half of 2016, 530 have closed down.
According to data from Hedge Fund Research, although 430 hedge funds started in the first half of 2016, 530 have closed down.
~ Financial Times
At this rate, this will be one of the worst year, except for 1471 closures in 2008 crisis. Investors have already taken $51.5 billion from hedge funds this year due to the high fees and poor performances.
Related Reports: Financial Times
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Hedge Fund Research, Inc. (HFR) is the hedge fund industry’s “go to” provider of hedge fund index information. We deliver over 150 indices to our clients across the world for their vital hedge fund benchmarking and performance measurement needs. Beyond indices, HFR delivers high-value visibility into private hedge funds and publicly available liquid alternatives through our hedge fund databases. Our quarterly research reports deliver the latest industry trends to institutional investors and asset managers, who seek to identify both broad and narrow developments across the global hedge fund space.
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