The challenges of diversity

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There is no business as exciting and diverse as the hedge fund industry. For this special report, we have assembled contributions on a range of issues that reflects that diversity.

We start on page S4 with a report from our US editor, Navroz Patel, on reactions to the US Securities and Exchange Commission’s proposal that all hedge fund managers should be registered as investment advisers – an additional burden with little prospect of any reward. Regulation just gets in the way

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