Making The Right Decisions Amidst Market Turmoil
After a challenging 2015 for many, 2016 has proven to be no different for the hedge fund industry. The first few months of this year have brought even more hardships as hedge funds continue to face decreasing performance, rising redemptions, and loss of key employees.
Despite these difficult dynamics, hedge fund leaders remain reluctant to retool their businesses. Almost in any industry, whether it is manufacturing, energy, or even the mass financial services behemoths, firms are reworking their organizations. Insurance, banking, real-estate, and peer-to-peer lending businesses are inventing or adopting new, more innovative business models that create agility, reduce spend, and mitigate operating risk – despite the unfavorable market conditions.
But why then do hedge fund managers loath to change tactics that could improve their performance and mitigate negative effects on their funds?
