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Hedge Funds Shut as Managers Struggle in Year of Two Percent Returns
By Katherine Burton Dec 1, 2014 6:00 PM CT
Hedge funds are shutting at a rate not seen since the financial crisis, as
many managers post disappointing returns and an elite group of firms
dominate money raising.
The $37 billion Brevan Howard Asset Management LLP is the latest firm to
close a fund. Last week it pulled the plug on its $630 million commodity
fund managed by Stephane Nicolas after it had tumbled 4.3 percent this ye... 阅读全帖 |
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