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Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains a headache for Tokyo. The yen is down 9.4% against the dollar so far this year, and looks set for a...
A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they fight to staunch investor outflows, industry insiders told Reuters. ... -December 22, 2023 at 01:00 am EST - MarketScreener
A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they fight to staunch investor outflows, industry insiders told Reuters. Investors have pulled about a net $75 billion from hedge funds so far in 2023 and allocations to the $3.4 trillion industry have slowed, data from Nasdaq eVestment showed. Hedge funds in 2023 averaged a 5.7% return this year through November, according to hedge fund research firm PivotalPath.