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Hedge Fund Investors Appear to Be Forgiving of Mediocre Returns
Inflows and outflows seem to defy performance trends, according to new data.
Many industry pros have long felt if a hedge fund performed well, investors would come. The notion was that it is the quintessential democratic industry — assets will flow to the top performers and leave the worst performers.This is, apparently, the conclusion that data and research firm Preqin wants readers
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