Although over half of hedge funds manage less than $100m, they represent only 1.4% of the industrys $2 trillion or so in assets, according to Hedge Fund Research, a data provider The Economist.
This is quote from Economist's article. To get an impression how huge is this business in FIAT world
I think the way Crypto world is going, fund managers will be the next big thing in Altcoin market, people need someone to manage their portfolio for them and this is good that ICONOMI is leading the way. I just hope they deliver the right platform
Exactly that was my point. When people will find out about fund management I think this will be break through. In "normal" life people do not have time to trade but would like to save money in alternative way.
P.S. whats behind this big sell. Somebody is dumping? I read something on slack but am not sure if it is just trolling