Why Are Hedge Funds Getting Clipped?
It has been a tough couple of years for the hedge fund industry. The HFR Global Hedge Fund Index showed returns of -0.6% in 2014, -3.6% in 2015, and +0.8% through 8/31 of this year significantly underperforming the S&P 500 which returned +13.7%, +1.4%, and +7.8% during the same periods. This was not a case … Continued