“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:
Mad Latvia defies its own people to join the euro
Throwing children in prison turns out to be a really bad idea
Banking group warns there’s too much ‘easy money’ in global economy
7 Reasons Why the Public Is Right to Mistrust Obama on Syria
Holocaust survivor and US tax fugitive Marc Rich dies at 78 in Switzerland
JPMorgan Joins Goldman in Designing Derivatives for a New Generation
US citing security to censor more public records
Work in U.S. and Spain losing its appeal for Latin Americans
Google wants to build the Star Trek computer
Senate Democrats to Obama: 'It Would Be Great To Have A Woman' As Fed Chief
Trooper indicted for stealing marijuana
New Zealand police ordered to return Dotcom material
China’s shadow banking reform faces its first test
General allegedly blocked probe of ‘Auschwitz-like’ Kabul hospital
New Year Rings in Sales Tax for Amazon Shoppers in Three States