Institutional investors slow to grasp benefits of higher allocations to hedge fund strategies

Terrible teens

back-to-school

We eventually succumb to time, it’s true, but time depends on us. We carry it in our muscles and genes, pass it on to the next set of time-factoring creatures, our brown-eyed daughters and jug-eared sons, or how would the world keep going... We were the only crucial clocks, our minds and bodies, way stations for the distribution of time.
Don DeLillo (November 1936-), Underworld

Hedge fund managers must be fed up being told they need to be more mature. Continued institutionalisation naturally brin