Aug
09
Barclays Debunks the Prevailing Wisdom on Hedge Fund Returns
ByBigger isn’t always better.
Photographer: Simon Dawson/Bloomberg
Barclays Plc just upended one of the most common narratives for why hedge funds are struggling to repeat the glory years: they found it’s not the number of funds that’s causing returns to languish. It’s their size.
That calls into question a piece of wisdom so well received that even the industry itself has started to repeat it. Barclays polled 340 investors with about $8 trillion in assets under management, and 74 percent of them said the primary reason for meager returns is that the industry itself has become too big…
Barclays Debunks the Prevailing Wisdom on Hedge Fund Returns
