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Monday, Oct 22
2012, 10:36 AM
Are the glory days of swashbuckling hedge fund managers coming to close? Interested in...
Are the glory days of swashbuckling hedge fund managers coming to close? Interested in attracting more conservative pension fund assets, hedge funds are giving up their high-roller ways and alienating rich, private investors in the process. HNW investors wanted big returns, and weren't concerned with monthly numbers or volatility, says an industry vet. Institutions think a bit differently.