Hedge Fund Investors Pull $100B From Market As Stock Pickers Underperform

Hedge Fund Investors Pull $100B From Market As Stock Pickers Underperform

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More than $100 billion was withdrawn from hedge funds in 2023, following similar outflows in 2022 as investors tired of strategies that have been underperforming the market for several years. What Happened: Data, provided by Nasdaq eVestment showed that among the worst-performing strategies was…

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