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关闭的对冲基金比新开的多。A pickup in hedge-fund launches may be aided by the improved recovery in investment gains and potential for more volatility amid much global uncertainty related to the coronavirus. Still, net liquidations may reflect elevated performance dispersion in 1H, with the total for first two quarters exceeding full-year amounts for each of the past three years. 2Q was the eighth straight quarter, after 2019 was the fifth straight year, of net liquidations, though net closings of 49 in 2Q improved markedly from the prior quarter's 220, as both launches increased and liquidations lessened.
The 129 launches in 2Q improved from 84-89 in 1Q-4Q, while liquidations lessened to 178 in 2Q from 304 in 1Q and 198 in 4Q. Launches of 480 last year were the least since 328 in 2000, according to HFR.