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Do Hedge Fund Managers Still Have the Upper Hand?

Six of today's smartest hedge fund investors discuss their relationships with managers and whether the power is finally shifting in investors' favor.

In-Depth Investor Interviews   Jane Buchan Lawrence Kochard Daniel Stern Amy Chen Eric Nierenberg Xiaoliang Zhao Hedge fund managers and their investors have had a long,complicated relationship. In the 1980s and ’90s, when hedge funds typically were measured in the millions of dollars and their investors were mostly wealthy individuals, the secretive industry was known for its large

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