The last time this many people piled into hedge funds, the only great recession anyone might have been aware of was Larry David’s hairline.
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Man Group is the latest to join the ETF bonanza, and it’s far from alone.
A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.
New research has found a growing number of family offices and high-net-worth clients are kicking their traditional hedge funds to the curb.