According to TABB Groups latest report, smaller hedge funds should be leaping for joy as investors redirect themselves, having been rejected by large funds. Some 20% of participants in the financial market analysts 2005 survey said they were no longer accepting new capital, and more than half of large funds have narrowed their targets to a very specific set of investors.
This creates an opportunity for smaller funds to attract the investors that do not have access to the well-known and well-funded money managers, but...