Less Research? No Problem, Hedge Funds Say.

Hedge funds are cashing in on an unintended consequence of European financial regulations on investment research: Less information about some stocks...Fewer companies being covered and fewer brokers facilitating trades in some stocks has led to less liquidity and sharper price swings, according to Pieter Taselaar, founder of Lucerne Capital Management, which focuses on European stocks valued between $1 billion and $15 billion...

Read more: Less Research? No Problem, Hedge Funds Say. - WSJ