SkyBridge Capital Fund ($ 12.5 billion under management), a major investor, actively invest in hedge funds in the first quarter brought out of funds under management and D.Loeba D.Paulsona (famous on Wall Stree t-controlling investors), almost all funds - at AMarkets materials.
To fund Third Point Daniel Loeb hearth board outflow of $ 16.5 billion - anti-record in the history of the fund. Many hedge funds at the start of 2016 have demonstrated very unpleasant loss. The market was ultravolatilnym - it was difficult to earn a conservative strategy. Fund investor SkyBridge has reduced the maximum investment in funds whose strategies are linked to the events that are associated with mergers, acquisitions and other corporate events.
In the last quarter of 2014. SkyBridge revenues fell by 6% and 10% in the first quarter of 2016. Globally, hedge funds whose strategies are linked to M & A and other corporate events, in 2015, lost 3.2% of the capital, however, caught up by 0.6% this year (May). Hedge funds have worked for decades on the model of 2:20. The investor pays an annual fee of 2% of total assets in the portfolio and 20% of the total portfolio income. Such an alignment is quite good in the growing market, however, stagnant market against the background of unsatisfactory financial result on the portfolio is becoming less profitable to work with hedge funds.