Reuters provides in-depth report on how investors in activist hedge funds agitating for change

Reuters provided an in-depth report on how big institutional investors are demanding that U.S. activist hedge funds be more transparent about their investment ideas and charge less. Institutional investors are increasingly pressuring hedge fund managers to raise separate pots of capital for each company they target through so-called special purpose vehicles. The proliferation of special purpose vehicles underscores how activist hedge funds have lost some of their star power as returns and assets under management have sagged.