Three prominent commodity hedge funds have closed in the last month, signaling that both fund managers and investors are growing less patient with unspectacular returns than they were even five years ago, the head of hedge funds at European asset manager Feri said on Thursday.
“Funds are getting shut down once they reach a certain deterioration in asset size, which managers find unexciting,” said Marcus Storr, who helps manage some 16 billion euros ($20 billion), including in commodities, for Bad Homburg, Germany-based Feri………………………………………..Full Article: Source