Patience among trustees is waning. Funds of funds seem to be the early casualties, but single manager hedge funds are definitely not immune from scrutiny
By Susan Barreto
It has been a hard pill for trustees and CIOs to swallow as the majority of hedge fund portfolios seem to still be in the red, having yet to bounce back from 2011 losses. The InvestHedge Composite index is up only 2.28% for the year-to-date up to the end of April.
This month we see investors