Hedge Fund Investors Still Bullish

Despite selected academic studies showing hedge fund investors that the investments do not "beat the market," the hedge fund investors themselves disagree.  The investors expect to put $200 billion in hedge funds this year and expect their funds to make 10% (with all funds to make 7%).  The survey, conducted by the Deutsche Banks' hedge fund group, is of over 1,000 investors in 500 institutions, the largest in the industry.