Hedge funds are still grappling with reduced investor interest and slow performances as the global economy continues on its inconsistent path.
Charles Biderman of TrimTabs explained:
“Hedge fund industry returns continued to lag popular financial industry benchmarks.” Asset growth in the industry, he says, has been “in a perpetual slide since July 2007.”
He added that although 2009 saw some improvement, “it petered out in May of 2010 and has been sliding ever since, even as equity market asset prices remained resilient and surged strongly in the first quarter of 2012.”
