Institutional Investors

The shifting balance of power


The events of 2008 will change the hedge fund industry for good. While most investors plan to keep investing, they are demanding major changes in the way their money is run

Poor performance, crashing markets and the Madoff scandal conspired to cause record redemptions last year, but a spate of recent surveys shows that most investors are still committed to investing in hedge funds - and are likely to invest more, rather than less, in the future.

But what is also clear from the surveys is that, while these investors want to keep putting money into hedge funds, they