Accounting firm Ernst & Young is shedding more light on the multi-year trend of hedge funds making up a smaller slice of the alts pie in its 14th annual survey.
The asset dip should not come as a surprise to anyone who has been following the hedge fund arena over the last few years. The Ernst & Young Annual Hedge Fund Survey though is now called the EY Global Alternative Fund Survey, reflecting investors and managers continued shift away from hedge funds.
Investors are allocating the same amount of their portfolios to alternatives . . .
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