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Hedge funds are entirely voluntary transactions on the part of participants.

• chris_va 2y ago
  Doesn't mean said participants can't get together and complain about it to try and improve market liquidity
  • usefulcat 2y ago
    How is market liquidity relevant here?
    • chris_va 2y ago
      HFs are not very liquid, which makes it easier for managers to charge fees without losing their book of business.