Demand for second-hand hedge funds reaches new lows

The average price of hedge fund positions traded on the secondary market fell to new lows in December, despite the industry enjoying its best year of performance in a decade.

Units in hedge funds traded on Hedgebay in December, averaged a face value of 79.78%, according to figures released today by the private exchange.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.