After some of the worst market environments in the history of certain hedge fund strategies, a handful of institutional investors appear to be scratching their heads as to the effectiveness of such alternatives, openly discussing withdrawing their support.
Average pension gains from hedge funds
A recent Wall Street Journal article noted that average pension gains from hedge funds for three years ended March 31, 2014 as a paltry 3.6 percent. During this time hedge fund managers faced a Fed driven artificial stimulus driving market environment factors to an undeniable degree. This market environment typically only witnessed stocks move higher sometimes despite fundamental issues that lie underneath the surface.
Setup a free account to get access to this article (no credit card required).
Login required to continue reading.
