Hedge fund liquidations fell in Q2 as investor inflows drove the total assets in the industry to a record $3.1trn, according to research by Hedge Fund Research (HFR).
The report, entitled HFR Market Microstructure, found the number of hedge fund closures fell to 222 in Q2 2017 from 259 the previous quarter and 239 in Q2 2016. The report follows the announcement from Hugh Henry last week that his hedge fund firm Eclectica Asset Management closed after 12 years amid a tough period for his macro strategies - the flagship Eclectica fund fell 9.4% through 2017 to August. Fees/flows/asset rotation: Ten major hedge fund trends for 2017 Hedge fund launches remained steady during the same period with 180 funds opening, nine short of the 189 launches in Q...
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