'Wiped out': Hedge fund assets could drop by 30%

Hedge funds might be facing a rocky road ahead.
A new report out from Boston Consulting Group plots three possible scenarios for hedge funds for the period until 2020. In the worst case scenario, BCG predicts industry-wide assets could shrink by as much as 30% and margins could fall by 20% as a result of fee reductions and increased capital expenditure.
In that scenario, performance would be similar to that of 2015 and 2016. Hedge funds on the whole returned about 3% last year, accordi