As it turns out, institutional investors aren’t as keen on transparency as many industry insiders have said they are.

According to the 2008 Preqin Hedge Institutional Investor Directory, only 36% of institutional investors said increased transparency would boost investor confidence, Hedge Fund Daily reports. For 12%, it’s immaterial, and 52% believe it would have only a minimal impact.

As with other investors, it’s performance that remains of utmost importance, followed by fees, the firm’s reputation and service.

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