While hedge funds are not registered with or required by the Securities and Exchange Commission to reveal their holdings, a populist uprising among investors is forcing hedge fund managers to reveal more information about their holdings, The Wall Street Journal reports.

If a hedge fund manager provides at least some information about their portfolios, it would convince 61% of respondents to a survey by Deutsche Bank to invest in that fund. Conversely, if the hedge fund manager kept investors completely in the dark, only 3% said they would invest in the fund.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.