24.10.2016 Opalesque Roundup: Strong returns push hedge fund assets to new highs while some replicator ETFs halved: hedge fund news, week 42
In the week ending 22 October, 2016, strong returns have pushed hedge fund assets to a record level in 3Q16, reaching $2.972tln despite $51.5bn withdrawals. MarketWatch reported that also so-called hedge-fund replicator ETFs are however losing favor. Not only have they underperformed the broader market, even before their hefty fees are taken into account, but investors have been pulling out of th
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