Wednesday, March 28, 2007

Many wealthy not attracted to hedge funds: survey

(Reuters) - The Spectrem survey, even though it comprises a small sampling, suggests that hedge funds have some work to do if they want to continue to attract more wealthy investors, which historically have comprised the largest percentage of industry investment.

"Financial services providers need to be proactive in educating affluent investors about their risks and rewards," said Spectrem in the report.


Read more at Reuters.com Business News

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