By Karlee Weinmann (September 27, 2013, 3:21 PM EDT) -- Investors have turned to activist hedge funds with increasing frequency in recent years as the vehicles continue to be pacesetters in the marketplace, and experts say the returns will keep flowing for the foreseeable future — even as new players crowd the field.
As the funds sustain the momentum that brought them new prominence and a stream of new investor dollars, more wannabe activists are hoping to cash in on the trend. Hedge fund analyst Preqin recently found that 16 percent of investors it surveyed plan to back event-driven hedge funds moving forward, likely creating opportunities for fledgling fund managers to...
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