Increasing numbers of hedge funds are expected to shut down in 2016, says a new report by Agecroft Partners', Don Steinbrugge. The report, which is based on data from the Hedge Fund Research Institute, predicts that there will be about $900 billion worth of assets under management at year-end 2016. Research shows that performance amongst hedge funds suffered in 2015, with the average fund falling 3.49%. Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than 2,000 institutional investors and hundreds of hedge fund organizations. About 257 hedge funds closed in Q3 2015, up from 200 in the Q2 2015, says Hedge Fund Research, while more are expected as year-end redemption notices from investors filter through.
Increasing numbers of hedge funds are expected to shut down in 2016, says a new report by Agecroft Partners', Don Steinbrugge. The report, which is based on data from the Hedge Fund Research Institute, predicts that there will be about $900 billion worth of assets under management at year-end 2016. Research shows that performance amongst hedge funds suffered in 2015, with the average fund falling 3.49%. About 257 hedge funds closed in Q3 2015, up from 200 in the Q2 2015, says Hedge Fund Research, while more are expected as year-end redemption notices from investors filter through.