If you were to glance for a moment at overall hedge fund performance during the first six weeks of 2016, you would be forgiven to think that you were looking at a Hieronymus Bosch painting and not financial data. The landscape is littered with the naked and the dead, fires smolder in trash cans and through the smoke one can discern the figure of Bill Ackman lying prostrate upon the rack. Such is the truth of modern asset management pain. But yea, there is yet a shining hope for hedge fund managers looking to survive the carnage of 2016… all you hedge fundies need to do to be reborn is to kneel before Yeezus. ... (full story)