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Study: Investors Have Faith in Hedge Funds, but are Wary of Fees

A new study from the Alternative Investment Management Association says institutional investors want to put more money into hedge funds, despite recent modest performance, but they don't want to pay too much.

Some large institutional investors want to allocate more money to hedge funds in the coming years and even expect hedge fund managers to do better than the markets, according to a new study. That’s in spite of underwhelming performance by hedge funds in recent years. But these investors aren’t banking

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