The End Is Not Nigh for Hedge Funds

A long-overdue shakeout of losing funds would make room for better-performing funds and maybe even return the industry to its scrappy survival-of-the-fittest days.

More bad news for hedge funds . . . or so it seems.

HFR reports that 291 hedge funds shut down in the first quarter. This is down only slightly from 305 in the fourth quarter but way up from just 217 liquidations in the first quarter of 2015.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.