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A number of managers said it made sense with manager registration being required in March 2012. They cited increased risk of liability due to growing oversight by SEC, FINRA, CFTC, individual states, labor laws, department of revenue as well as complicated tax issues and the waiver of carried interest.

Managers said those likely to follow suit are those that do foreign exchange trading as well as those who have been very successful. "Once you've achieve that much success clients become more of a headache than a benefit," said one manager.

Lois Peltz, president of Infovest21, said: "Of those 44% who do not expect more hedge fund managers to follow, a number highlighted that Soros was 80 years old and may have wanted to leave the business. Others said that only 4% of Soros' funds were non-family assets and so it made sense economically and it was a special case. Another manager pointed out that few hedge fund managers have billions of dollars of their own to run as a family office."

Of the 40 managers responding to the survey as of press time, 59% had assets below $100 million while 30% had assets between $100 million and $999 million. Another d assets over $1 billion. Corporate website: Source
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