Hedge fund returns have been made less volatile in 2002 as institutional investors discouraged high-stakes investment in favour of disclosure and transparency, according to Martin Visairas, global head of capital introduction at Citigroup. Where Donald Trump's victory and the UK's vote to leave the European Union could once have led to big losses or profits for hedge funds, shored bets and a declining stock market led to minor returns for the industry. Institutional investors account for 71% of total hedge-fund related assets, compared with 20% in the past three years, according to Citigroup.
Hedge fund returns have been made less volatile in the past three years as institutional investors discouraged high-stakes investment in favour of disclosure and transparency, according to Martin Visairas, global head of capital introduction at Citigroup. Where Donald Trump's victory and the UK's vote to leave the European Union could once have led to big losses or profits for hedge funds, shored bets and a declining stock market led to minor returns for the industry. Institutional investors account for 71% of total hedge-fund related assets, compared with 20% in 2002, according to Citigroup.