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A meeting of minds between investors and hedge funds?

There is growing harmonisation between hedge-fund managers and investors over transparency and liquidity terms, according to Credit Suisse.
Credit Suisse's prime services group has conducted a survey that illustrates the extent to which the relationship between hedge-fund managers and their investors has changed.  Overall, the relationship is on a more sustainable footing, says Benjamin Happ, Asia-Pacific head of capital services in the prime services group in Hong Kong. "The word we would use is 'appropriate'," he adds, when defining the circumstances in which either investors or managers adapt to the new environment. …
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