09 Nov Multi-manager hedge funds hook investors with returns recovery
* Citadel to return cash equal to 2017 gains – letter
* Citadel flagship funds up 11.43 pct to Oct. 31 – source
* Investors add $1.2 bln in first three quarters of 2017
* Citadel flagship funds up 11.43 pct to Oct. 31 – source
* Investors add $1.2 bln in first three quarters of 2017
By Maiya Keidan and Lawrence Delevingne
LONDON/NEW YORK, Nov 10 (Reuters) – Multi-manager hedge
funds, often star performers, have recovered from below-par
returns in 2016, with investors adding $1.2 billion to them
during the first three quarters of 2017.
Although traditionally they are meant to achieve
No Comments