Markets may stay bumpy with interest rates at elevated levels, an environment that Goldman Sachs Group’s Jack Springate says has sparked heightened investor interest in hedge funds.
Investors are facing a new regime where markets may move in a “less consistent and more complex” way compared to the decade before the Federal Reserve hiked interest rates to battle inflation, said Springate, co-head of the hedge-fund business within the external investing group at Goldman Sachs Asset Management, in a phone interview. “It hasn’t…
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