Hedge Fund Research
’Hedge funds still not quite earning those 2-and-20s
Hedge fund returns are on the up, Reuters reported on Tuesday, citing the latest data from Hedge Fund Research:
Hedge funds posted more gains last month, providing fresh evidence that the $1.4 trillion (840 billion pounds) industry is recovering after last year’s heavy losses and record redemptions.The average hedge fund gained 2.42 percent in July after having inched up 0.13 percent in June,
‘Fund of funds’ redemptions soar in Q1
Hedge funds may be faring better now than they were in the fourth quarter of 2008, but it seems the general investor backlash against high fees and risky exposure continues to thwart the ‘fund of funds’ part of the industry (what with their double fees etc.)
In its latest findings,
