Investors say it is getting more difficult to find hedge
fund managers who satisfy their performance objectives,
according to a wide-ranging survey released by Deutsche Bank
yesterday. Worldwide, some 73% of investors report that they
have had difficulty finding managers who live up to their
That said, investors remain optimistic about the hedge fund
industry for 2007, with median return expectations of 10%.
Inflows into hedge funds are also expected to increase at a
healthy rate. Based on investor responses, Deutsche Bank
projects inflows to hedge funds to be in the range of $100
billion in 2007, an estimated 10%...