LONDON (Reuters) – Finding top hedge fund managers is harder than it used to be because heavy flows of money into the industry have attracted a lot of mediocre talent, panellists at a hedge fund event said on Monday.
Over the last 5 years assets managed by the industry have doubled to around $1 trillion. Most of that new money has come from investors looking for capital preservation and a way to diversify away from stocks after the 2000 crash
