At the beginning of 2018, the hedge fund industry was riding high. 2017 was a landmark year for the industry, which has attracted a significant amount of criticism in recent years for high fees and poor investment performance.
At the end of 2017, however, the hedge fund industry had produced an average return of 8.5% for the year across all strategies according to figures provided by Hedge Fun
d Research (HFR), the hedge fund research group.
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