Reported about 18 hours ago
The hedge fund sector, valued at nearly $5 trillion, is experiencing a significant reduction in new startups as managers struggle to entice cost-conscious investors. Despite a rise in inflows during the third quarter, the number of new funds launched has fallen to the lowest annual level since 2000, driven by investors favoring established managers and demanding lower performance fees. With a collective return of 10% in the first nine months of the year, hedge funds are underperforming compared to broader stock indices, showing the increasing challenges in attracting investment in a competitive market.
Source: YAHOO