Hedge Fund Launches Dwindle to 16-Year Low as Returns Lag: Chart

Hedge fund startups, which were surging a decade ago, have fallen off a cliff in 2016 and are heading for their worst year since 2000, according to Eurekahedge. Globally, there have been just 457 fund launches through the first nine months of this year, compared to 876 in 2015, the Singapore-based data provider said. "The capital raising environment for newer launches is quite difficult to put it mildly and with existing offerings out there returning low-single digits over the last three years, investor appetite is quite selective to say the least," said Mohammad Hassan, senior analyst at Eurekahedge.

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