Lots of big name hedge funds are closing their doors and returning capital to investors and turning into family offices.
Do you guys think we will see a return of prop firms and or a consolidation of family offices into major prop firms..if it hasn't taken place already??
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http://www.businessinsider.com/melissa-ko-hedge-fund-returns-in-2015-20…
http://www.businessinsider.com/melissa-ko-hedge-fund-returns-in-2015-20…
The entire reason she converted to a family office is because of huge losses during 2011.
"smart" beta these days
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