There are a lot of myths when it comes hedge funds. The most common is that they are secretive and opaque. That's true to some extent. They do not want to give away their proprietary strategies or tools. But in one respect, hedge funds are a lot more open than they get credit for. As reported by AllAboutAlpha.com, a new PwC survey has found that hedge funds actually report to clients more than private equity, real estate, and infrastructure funds. Hedge funds report more to clients than these other alternative asset managers when looked at daily, weekly, monthly, quarterly. Only commodity funds report more--by a pretty decent margin.
For more:
- here's the article from AllAboutAlpha.com