Investors Increasingly Disenchanted with Hedge Funds, Surveys Show

Two recent surveys indicate net outflows, worries about performance in the longer term.

Stephen Taub February 4, 2013

On the face of it, the hedge fund industry is seemingly healthy, despite several years of underperformance. Year-end assets rose to a record $2.602 trillion, according to industry tracker eVestment. Beneath the headline news, however, there are some

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