The tipping point? Investors must decide

Wed Nov 1, 2006



Has a tipping point been reached? The stupendous growth in hedge funds in recent years has come from institutional investors, and whether the growth continues at the same pace depends more on their continued fascination with alternative asset allocation than almost anything else.

However, the disasters at Amaranth Advisors and Ritchie Capital Management serve as poignant reminders to many investors just how little clout they often have when dealing with hedge funds. As investors look back at the documents they signed years ago, they are finding, as one put it, "You can drive a...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now