(Opalesque) Bailey McCann, Opalesque New York: Despite bumpy performance, 2018 has still been a generally positive year for alternatives according to a recent survey from Cayman law firm Walkers. The annual report on trends in the alternative investment industry shows that so far this year there has been a steady stream of new fund launches especially in hedge funds and private equity. Notably, many new hedge funds are coming to market with headline management fees of 2%, defying recent downward pressure.