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Bigger Investors Do Better When It Comes to Hedge Fund Investing

Recent studies prove that when it comes to buying hedge funds, large institutional investors are better positioned to allocate to the best managers.

Hedge funds shot to fame for regularly posting superior performance in the 1990s. But those days are over. Sure, a handful of managers still rack up outsize gains from time to time, some more frequently than others. But for the most part, the cottage industry we came to know and

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