I know I bang on about this constantly but WTF?
The majority of hedge fund managers polled by Preqin saw their assets increase in H1 2014, thanks in part to allocations from high-net-worth individuals, as industry assets hit $2.9 trillion.
A full 64% of the 100 hedge fund managers polled by the hedge fund data provider in June said their assets under management had increased in the first half of 2014, this although 74% reported increasing competition in fundraising over the past 12 months.
More here – FINalternatives
I understand that each investor has different needs but surely the number one need of an investor is to actually make money, not watch their account balance either go backwards or be overtaken by a simple index fund that generates often three times the performance. I really need to go an reread this to get a grip on why this happens, or start my own hedge fund.