Hedge fund industry profits in 2013 reached $31.2 billion but poor
performance in 2014 cut that figure by 30% to only $21.9 billion, a loss
of nearly $10 billion, Citi (NYSE: C) estimates in their 3 rd
Annual Hedge Fund Industry Operating Metrics Survey.
Deutsche Asset & Wealth Management (Deutsche AWM) today announced that
Mihir Meswani and Nicolas Laporte have joined as Portfolio Managers to
further strengthen the firm’s Hedge Fund Advisory business.
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today it has partnered with HedgeACT,
based in Chicago, to deliver access to an array of hedge funds to asset
managers and investors within their managed account portfolios.
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