Hedge Funds
The state of the hedge fund industry has improved from a year ago. But this is not to say things are great. That’s the assessment of Anthony Scaramucci shared with Yahoo Finance at the SALT Conference, a marquee industry event in Las Vegas that brings together politicians, financiers, and celebrities. “If we were having this conversation last year, I’d say, ‘Wow, the state of the industry really sucks.’ But it sucks slightly less than last year,” said Scaramucci, the founder of fund-of-funds SkyBridge Capital. “And the reason why it sucks slightly less is that performance is better, assets are up a...

In this article