Hedge fund consulting business heating up
The latest sign that consulting geared to which hedge funds would make the best investments is heating up: Summit Strategies is beefing up its its hedge fund manager research services. The firm expects the value of client assets invested in hedge funds to explode next year. More of this money will come from institutions that are starting to eschew the fund of funds approach in favor of direct investment. Accordingly, advice about direct investments will be priced a big higher by Summit.
> Here's an article on the Institutional Investor Web site.
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