Eisenhart: Size still counts

Growing pains afflicting hedge fund managers continue apace as institutional investors allocate more capital to (and stipulate more transparency from) the sector, while long-only managers compete for arbitrage opportunities, and regulatory bodies consider whether to increase oversight of the industry. By Stewart Eisenhart

Investors' tastes and expectations tend to drive changes in how hedge funds operate just as much as the other, more thoroughly reported factors. Analysts and observers have