Verition Fund Management Is A Stand Out Amid A Rough Stretch For Multi-Strat Funds

Hedge funds as a group have attracted a significant amount of criticism over the past ten years. High fees, coupled with mixed performance figures, have put investors off from the sector which was once lauded for its market-beating returns. [timeless] Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Some sectors of the industry have been harder hit than others. For example, the multi-manager hedge fund sector saw many high-profile closures in 2016, notably Blackstone Group’s Senfina Advisors, which lost almost a quarter of assets from performance losses and closed down. Deimos Asset…