When it comes to picking a hedge fund, bigger isn’t always better

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When it comes to picking a hedge fund, bigger isn’t always better

For many years the question of whether the size of a hedge fund affects its returns has been hotly debated. Although there is ample evidence that a few legendary funds are able to manage billions of dollars and consistently deliver outsized returns to investors over the long term (especially on a risk-adjusted basis), there is mounting…

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