Hedge Fund Industry Gains Assets As Central Banks Start To Normalize

The hedge fund industry is dead, is one common meme sweeping the financial press. There is a logic behind this claim, as funds that focused on what amounted to beta underperformance became strapped for revenue amid lowered fee structures and fleeing assets.  But one often ignored segment of the hedge fund industry, those that believe in the “hedged” nature of the title, traditionally operated as if they were an independent sect. This narrowly focused group of alternative thinkers followed uncorrelated beliefs -- and they were partially rewarded in 2017. This is when the hedge fund industry grew by nearly $113 billion in net asset inflows, according to the January 2018 Eurekahedge Report. So what is this...