FYI: You’d be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new firm just brought in an unprecedented $8 billion.
But the reality isn’t so rosy. Inflows into funds, on the whole, are non-existent and the number of startups has slowed to levels not seen for nearly two decades.
Regards,
Ted
https://www.bloomberg.com/graphics/2018-shrinking-hedge-fund/