Hedge funds faced hard times in 2016. InvestmentEurope has canvassed views of Geneva and London-based hedge fund buyers on their outlook for 2017. Hedge fund data providers HFR and eVestment reported investors have removed between $70.1bn (€65.7bn) and $106bn (€99.1bn) from hedge funds for the full year 2016, forming the largest annual outflow since 2009. […]
Continental allocators facing difficult prognoses for their local markets are encouraging clients to ‘try something new’, but managers say Europe still has a role in portfolios.