“Investors pulled a net $1.52 billion from the $2.9 trillion industry in the fourth quarter of last year, Chicago-based Hedge Fund Research said Wednesday. The typical hedge fund lost 1 percent in 2015, even after rising 0.8 percent in the fourth quarter, according to the firm’s HFRI Fund Weighted Composite Index. Investors are ‘looking for strategies that will help preserve capital’ in a volatile market environment, Hedge Fund Research president Ken Heinz said at a press briefing in London. ‘They are positioning for anything but the S&P 500 Index making 30 percent in 2016.'”
Related posts:
Major supermarket chains promise not to sell genetically engineered salmon in the U.S.
Colonial flags fly in Hong Kong as anger grows over Chinese rule
Bank of England Says Government Should Split Up RBS, Accept Loss
Valuations of Hong Kong's stock market operator go interstellar
Man arrested with $153,000 at Nashville airport after dog sniff
Legalise ganja to treat HIV, cancer, doctors tell gov't
Jack Lew: The Rookie
Kentucky students to first lady Michelle Obama: Your food ‘tastes like vomit’
Millions affected after cyber attack on HSBC
American anti-virus mogul McAfee warns Canadians about government spying
Judge halts Indiana city's code-enforcement property seizure racket
Don't just legalize marijuana, free prior offenders
Pelosi: Congressional pay cut undermines dignity of the job
Drone strikes in Oregon considered acceptable response by many
Another Amazing Fat Tuesday on Wall Street