Slower growth dominates picks at hedge fund conference

(Reuters) Against a backdrop of slower economic growth, prominent hedge fund managers, including Larry Robbins, Stanley Druckenmiller and David Einhorn, said it will take longer for stocks to rise and laid out best ideas that markets barely reacted to.

The remarks come as the hedge fund industry has come under fire for hefty fees, sluggish returns and even a lack of talent.

Robbins, whose Glenview Capital Management LLC has fallen on hard times with heavy losses early this year and last, kicked off the Sohn Investment Conference, an annual charitable event that raises money for pediatric cancer, with a confession and warning.

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