U.S. mutual fund firms are at a critical juncture and they will have to revamp their strategies to provide more value to their clients, integrate data-driven IT platforms, and attract more talented staff if they want to stay competitive beyond 2025. Those are the high-level findings of a recent report, “Mutual fund outlook: The time… Read More >>
Hedge Fund Outflows Hit a Record in December
Amid a growing stream of troubling economic news, hedge fund redemptions hit $42.3 billion in December 2018, which makes it the largest monthly outflow in “at least five years,” according to the Barclay Fund Flow Indicator, published recently by BarclayHedge, a division of Backstop Solutions, maker of customer relationship management (CRM) software suites for financial… Read More >>
