Hedge Funds Paying More Attention to Clients

Summary


Two years ago, German investment adviser Dieter Kaiser had to board a plane bound for New York to speak with senior U.S. hedge- fund executives.

These days, those same managers visit Kaiser, the director of investment management for Feri Institutional Advisers GmbH, at his office in Bad Homburg, about 10 miles from Frankfurt.

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Hedge Funds Paying More Attention to Clients

"We're seeing hedge-fund managers here, and they're wearing ties now," said Kaiser, 31, whose firm has allocated about $1 billion to private funds for its clients.

Hedge funds are paying m...

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