Midas Touch Gone, Hedge Fund Industry’s Influence May Be Waning

Reuters – May 9, 2016

After a decade in which hedge fund assets nearly doubled, there are several signs that the golden era for the $2.9 trillion industry may be on the wane, draining the influence of fund managers who once considered themselves masters of the universe.

For hedge funds a nasty fiscal caning.
No longer waxing, now they’re waning.

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