This analysis is by Bloomberg Intelligence analysts Alison Williams and Michael Filatov. It appeared first on the Bloomberg Terminal.  Hedge fund fees, outflows extend manager performance pressures Hedge funds may face further pressure after a string of outflows and net fund closings that exceeds those around the financial crisis in length, but not in depth. Preqin surveys signal cuts to allocations, though HFR cited a significant increase in investor risk tolerance since the U.S. election, which could aid industry growth. Fees are increasingly a focus for hedge funds, consistent with the broader industry, yet performance is still the key metric...