<p>Hedge fund managers are feeling the pressure from changing investor demands. According to a new <a href="http://www.ey.com/gl/en/industries/financial-services/asset-management/ey-2016-global-hedge-fund-and-investor-survey" onclick="linkOnClick(this)" rel="nofollow" target="_blank">EY survey</a>, 48% of investors globally expect to shift their investments from traditional hedge funds to other alternative products over the next three to five years.</p>
<p>"Hedge funds are experiencing slow growth globally," says Fraser Whale, EY's Canadian Alternative Funds Leader. "With an abundance of low-fee investment options and savvy investors pushing for fee transparency, we're seeing a bit of a fight for growth, in Canada, too. Investors have more options than ever in the alternatives marketplace, and fund managers really need to deliver on their investors' concerns to stay competitive."</p>