Are the glory days of swashbuckling hedge fund managers coming to close? Interested in...

|By:, SA News Editor

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.