Hedge investment slows

Hedge fund investment could be slowing down, according to research from investment consultants Hennessee Hedge Fund Advisory Group. Hennessee said there was a 5% growth in assets in the industry in 2002, the lowest annual percentage growth since 1974. Transparency and liquidity issues could be part of the reason, as Hennessee found these to be the most pressing concerns for hedge fund investors. But the research was not all discouraging for the industry. Some 43% of hedge fund investors surveyed by the firm said they were set to increase their allocation to the asset class in 2003 ...