Not-So-Great Expectations

Stewart Eisenhart

In perhaps a collective effort to temper investor expectations, hedge fund managers seem less than exuberant about their near-term outlook, according to reports from Thomson Reuters and Bloomberg.

Volatility, pending regulatory clamp-downs and dwindling investor capital availability as competition increases have managers turning down the heat on current trading activity, casting doubt on whether their future performance can keep pace with the industry’s near-20 percent return track record of its

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