| 22.11.2011 Opalesque Exclusive: Hedge funds deplore costs of increased operational due diligence, but necessary for fund quality |
| Potential investors are spending significantly more time on operational due diligence. In the wake of the financial crisis of 2008 and hedge fund failures Amaranth, funds have seen operational due diligence questionnaires expand into hundreds of pages - and many with increasingly personal questions. Are investors asking too much of funds and fund managers or is this a necessary step in adequatel |