Hedge funds to lag other asset classes, says Northern Trust
Meanwhile, emerging-market stocks and private equity will provide the best returns over the next five years, predicts the US asset management and custody group.
Despite investors in Asia seemingly warming to hedge funds, Northern Trust predicts they will underperform most other asset classes in the coming five years. This formed one of a wide-ranging set of forecasts in its ‘Capital Market Assumptions’ report, published yesterday.
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