Hedge Funds

E&Y survey points to changes in investor and manager attitudes


A new report issued by Ernst & Young confirms that the hedge fund industry has by and large rebounded from the financial crisis, and is responding positively to requests being made by investors for greater transparency.

The study also suggests that while investors and hedge fund managers agree that new government regulations will impact on and reshape the hedge fund industry, both camps believe that enhanced regulation will not be beneficial.

The report, titled Restoring the Balance, was compiled for Ernst & Young by consulting firm Greenwich Associates. The annual study polled 104 hedge fund managers running $585 billion between them.