Description

Surveys were based around 135 small and emerging hedge fund managers worldwide
with $16bn in combined AUM. Half of the sample are five years old or less.
Also,we spoke to 25 institutional investors. About three-quarters of managers we
surveyed fall into the big six categories: equity long/short, global macro,fixed
income/credit, CTA/futures, event-driven and multi-strategy.
The findings are categorised into four areas: profitability fees and expenses,
operational challenges and growth.