Hedge fund investors pull $80 billion from industry in 2023

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Market News

LONDON, Nov 1 - The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits of about $119 billion, hedge fund specialist Aurum Funds said in a report on Wednesday, as investors looked for higher returns elsewhere.

But investors may have been tempted away by rising bond yields, said Don Steinbrugge, founder and chief executive of Agecroft Partners, a hedge fund consulting firm.The 10-year yield on U.S. government bonds has risen 146 basis points in the six months up to Nov. 1. "Future growth will likely come from private wealth offsetting negative growth from institutional investors," he said.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 13. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen