With stock markets at record highs, hedge funds are struggling to keep up. While on average hedge funds underperform the market over the long run, the situation becomes more pronounced during bull runs. This, in turn, is reflected in the money that goes in and out of the hedge fund industry. According to FT, in 2016, hedge funds saw an outflow of capital of around $110 billion and withdrawals continued last year as well.
The lagging returns can be observed among big name funds, which are...
