“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:
Swiss Franc's Swooning Problem
Credit card security is broken. Here’s how Bitcoin could help fix it.
The wheels are coming off the whole of southern Europe
Japan calls on U.S. to suspend military chopper operations in Okinawa
Fortress’s Novogratz says bitcoin is in ‘inning 3 of a 9 inning game’
EBay asks 145 million users to change passwords after cyber attack
Should anyone own parts of the moon?
Watson supercomputer’s next feat? Taking on cancer
Oakland police chief filtered out Occupy e-mail
Study: Democracy in decline around the world
Credit Suisse says it will liquidate the volatility security that lost 85% in a day
Gas In Egypt Is 78 Percent More Expensive Now Than Last Week
NSA spied on Americans until a judge ruled it illegal in 2011
With Montana’s Lead, States May Demand Warrants for Cellphone Data
Army won’t suspend contracts with Al Qaeda-tied companies, citing 'due process rights'