Our latest survey of over 100 hedge funds and allocators reveals a striking paradox: three-quarters of funds turbocharged their strategies in just 18 months, yet every fund aggressively expanding hits the same wall – technology that can't match their ambition. Meanwhile, allocators keep raising the bar – demanding niche, uncorrelated strategies whilst insisting on institutional-grade infrastructure. This report examines what's really driving this transformation and how, while smaller managers cling to single-asset systems, leaders are racing to build unified platforms that handle today's complexity and tomorrow's growth.