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Mature Asset Managers Increase Hedge Fund Market Share to 84%

Institutional investors are increasingly favouring hedge fund managers with at least two years of business experience, according to a study by Seward & Kissel LLP. The report found that mature managers’ representation increased to 84%, while that of newer managers dropped to 16%. The majority of the side letter investors were fund-of-funds, accounting for 54%. The assets under management (AUM) of mature managers grew to $7 billion, while those of newer managers declined to $170 million.

Source: www.ai-cio.com –

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