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Article: Media See Hedge Fund Managers Smarter Than Mutual Funds; New Survey by Walek & Associates Also Shows Hedge Funds Face PR Challenges in Fees, Growth, Blow-Ups.
- Article from:
- Business Wire
- Article date:
- July 11, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Financial journalists overwhelmingly believe that hedge fund managers are smarter about the markets than their mutual fund counterparts, though there is growing sentiment that hedge funds are charging too much and growing too fast.
Those are three key findings from the just-released Walek & Associates 2005 Hedge Fund Media Survey, which polled journalists to uncover their ideas and insights into the fast-growing hedge fund industry.
"Though hedge fund managers enjoy tremendous PR benefits by the percentage that they are smarter about the markets, they face an uphill battle when it comes to their fees, the belief that the industry is growing ...