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Hedge Fund Investor Sentiment Shifts Toward Midsize Funds

While conventional wisdom says investors prefer the largest funds for safety and the smallest funds for outperformance, new research shows they actually favor something in between.

It has been no secret that for the past few years, the largest hedge fund firms have been grabbing most of the new money flowing into the asset class, quarter after quarter. This trend has raised questions about the viability of the smallest fledgling funds. However, there is a subtle shift

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