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These Hedge Funds Do Better. So Why Can’t They Raise More Money?

It’s an enduring paradox: hedge funds run by women and minorities outperform their peers — but run less money.

Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperforming assets in the broader hedge fund marketplace.For the first three quarters of 2019, the HFRI Diversity Index returned 7.54 percent, according to data tracker Hedge Fund Research,

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