Investors paying hefty fees are frustrated that some big-name hedge funds are just sitting on piles of cash instead of making bets

Business Insider

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· Billionaires like Seth Klarman and Warren Buffett are holding onto billions in cash as markets soar. 
· Hedge-fund investors looking for diversification and uncorrelated returns are frustrated by the large piles of cash not being put to use.
· "We have a limited tolerance for managers that don't run sufficient risk," said...

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