All About Alpha – Less than a year ago, clear-colored magnifying glasses were all the rage among investors looking at hedge funds – transparency to the max, right down to demands of seeing individual positions and trades. Even on the back-office and administrator front, the prevailing wisdom was: the clearer and the brighter, the better.
A year of getting back to semi-normal seems to have altered the fashion trend back to rose-colored, according Preqin’s latest hedge fund investor spotlight (click here to download), conducted last month. The research firm’s latest survey notes that transparency has fallen to sixth on the list of most important things investors look for when it comes to looking at new funds.
