World Economy

Hedge Funds Fail

Hedge Funds FailHedge Funds Fail

Hedge funds are failing to live up to their investors’ expectations. A survey from Deutsche Bank’s Global Prime Finance unit, published on Tuesday, showed two-thirds of responding investors said hedge funds they invested in didn’t produce the returns they had been targeting last year, MarketWatch reported. Investors included in the survey had on average expected returns of 8.1%, but said they only got returns of 5.3%.