Hedge funds seek double-digit returns in 2024 after year of outflows khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Hedge Funds Seek Double-Digit Returns In 2024 After Year Of Outflows menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
A
blistering rally in stocks and elevated bond yields are
pressuring global hedge funds to boost returns as they fight to
staunch investor outflows, industry insiders told Reuters. . -December 22, 2023 at 01:00 am EST
- MarketScreener
A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they fight to staunch investor outflows, industry insiders told Reuters. Investors have pulled about a net $75 billion from hedge funds so far in 2023 and allocations to the $3.4 trillion industry have slowed, data from Nasdaq eVestment showed. Hedge funds in 2023 averaged a 5.7% return this year through November, according to hedge fund research firm PivotalPath.