Hedge funds are not dead, and they are most certainly not considered 'suckers' by their sophisticated and rich institutional investors. The new Credit Suisse Hedge Fund Investor Survey finds that 88% of the 185 polled investors intend to remain not only active with their hedge funds but also plan to increase their allocations in these funds in the second half of this year.
The response of these clients is particularly noteworthy when it is put against the poor performance of hedge funds in the last quarter. Hedge funds...
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