Investors Say Patience with Hedge Funds Is Wearing Thin

Two new surveys indicate that the seemingly unstoppable momentum of investors allocating to hedge funds may be abating.

Is the hedge fund industry starting to see the negative effects of its mediocre returns and the inability of equity funds to outperform the major indexes for seven straight years?

Two new studies seem to suggest that hedge fund investors are becoming increasingly concerned over performance issues and ever more disenchanted with the investment vehicles.

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