A recent survey of more than 1,000 US institutional investors by Greenwich Associates,a financial research and consulting firm based in Greenwich, Connecticut, foundthat one-third of the 203 investors with hedge fund stakes plan to invest moremoney in 2003, and none plan to invest less. As with equities and bonds, as theymove into hedge funds, institutional fund portfolio specialists will instinctivelylook for hedge fund indexes as proxies to determine how they move into the spaceand to benchmar
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