(Bloomberg) The jacks-of-all-trades should watch out. Hedge fund investors want expert stock-pickers now. That’s the consensus found in a survey of some 300 investors by Goldman Sachs Group Inc. Industry allocators — including funds of funds, pension funds, consultants, family offices and endowments — pulled $16.4 billion from generalist long-short equity funds in the first half of this year,
Hedge Fund Investors Seek Expert Stock Pickers
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