Heard on the Street: Private banks caution hedge funds against putting gates up

4 August 2011 | 2 minutes read

A showdown of sorts seems to be in the making between private banks and hedge fund managers as increasingly difficult market conditions have sent both in a scramble for returns. 2011 has been a difficult year for most hedge funds – the Barclay Hedge Fund Index–which is maintained by a private company not affiliated with Barclays Bank–shows that hedge funds…

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