LPNEWS
Hedge funds are expected to pull in $41 billion in fresh assets this year, according to a survey by Deutsche Bank. That's a drop in the bucket for the $3.2 trillion industry, but it's striking because hedge funds for years have not met their clients' return targets. Event-driven, fundamental equity long-short funds and volatility funds are the most in-demand strategies, according to the survey. Hedge funds are expected to pull in $41 billion in new cash this year, with event-driven, fundamental equity long-short fund and volatility funds the most in-demand strategies, according to a Deutsche Bank survey.