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New Blue TrendNew Blue Trend - why are talented managers withdrawing from the market?

By Niki Natarajan Dec 9 2015

Does BlueCrest’s latest news send a message? Much ink has flowed about the state hedge fund industry during the past year. CalPERS’ high-profile decision to exit the asset class was blamed on poor returns and high fees. The supply of talented managers was always scarce, so what if Atlas Shrugged-style, the talent just started withdrawing from the game – what then?

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