REUTERS/Kai Pfaffenbach
- Hedge funds are expected to pull in $ 41 billion in fresh assets this year, according to a survey by Deutsche Bank.
- That’s a drop in the bucket for the $ 3.2 trillion industry, but it’s striking because hedge funds for years have not met their clients’ return targets.
- Event-driven, fundamental equity long-short funds and volatility funds are the most in-demand strategies, according to the survey.
Hedge funds are expected to pull in $ 41 billion in new cash this year, with event-driven, fundamental equity long-short fund and volatility funds the most in-demand strategies, according to a Deutsche Bank survey.
The hedge fund clients surveyed by Deutsche Bank included family offices, endowments and foundations, and pensions – and in all, the bank came to the conclusion that investors were optimistic about hedge funds following a “strong year” of performance in 2017 (HFRI Fund Weighted Composite Index 2017 return: +8.68%).See the rest of the story at Business Insider
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