Smaller hedge funds face uphill struggle to increase assets under management

Daunting climate for capital raising

What is the climate for raising assets?

Duncan Crawford, Newedge
Like the British summer, the climate for raising assets is temperamental – bright spells with occasional showers.

The fund of hedge funds (FoHF) universe remains in flux, with continuing consolidation and redemptions. This has benefited emerging hedge fund managers who can offer more favourable economics. Many smaller groups are rolling out advisory propositions in order to retain assets, albeit with lower fees. However, with reduced

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