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The 2017 Hedge Fund 100
Investors cashed out of some firms after years of frustration while pouring more into others, leaving the Hedge Fund 100 firms managing slightly less than they did last year.
Last year was the hedge fund industry's time of reckoning. After several years of mediocre performance, especially in strategies such as macro and trend following, many firms heard from investors about how unhappy they were. Investors complained publicly, sought to renegotiate the hefty fees hedge funds charged for disappointing performances,
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