Institutions Committed To Hedge Funds Despite Falling Returns
Jul 1 2008 | 5:16am ET
Drawdown? What drawdown? Last year's downturn in hedge fund performance has not deterred institutions from investing in the asset classes, according to research from Greenwich Associates and Global Custodian.
The share of hedge fund capital provided by institutions was unchanged from 2006 to 2007, following several years of steady growth.
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