Although 2016 was far from a breakout year for hedge funds, performance improved over a lackluster 2015, and managers have a more positive outlook for 2017 as stock markets are boosted by President-elect Donald Trump’s plans to lower taxes, deregulate and spend on infrastructure.

Data provider Eurekahedge reported hedge funds were up 3.53 percent through November 2016, double the modest gains of 1.73 percent over the last year.

But fees and performance remained at the top of the list of investors’ concerns for the industry as the sector continued to trail the equity markets.

Read the rest of the story at www.journal.ky.

If you value our service, if you have turned to us in the past few days or weeks for verified, factual updates, if you have watched our live streaming of press conferences or sent an article to a friend... please consider a donation. Quality local journalism was at risk before the coronavirus crisis. It is now deeply threatened. Even a small amount can go a long way to sustaining our mission of informing the public. We need our readers’ financial support now more than ever.

Donate