Hedge Funds
The hedge fund community has come under a lot of stress. During the third quarter, hedge funds saw the largest quarterly decline since the 2008 recession and a number of big trading houses recently closed down. The string of closures, as well as an overall poor performance in the hedge fund sector, could be a sign of deeper structural issues in the economy. The global economy may not see a downturn similar to the 2008 financial crisis, but stiff headwinds are certain to remain. “There’ve been a lot of hedge funds closing this year. This is a function of equity markets being flat in...