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Hedge Funds Shunned?

July 21, 2010 : Permanent Link

NYT – Pity the typical hedge fund manager. Sure, he (or occasionally she) had a bad 2008. But the average fund returned nearly 20 percent in 2009. With investors also regaining their composure last year, hedge fund managers would have hoped for the return of some of the money investors took out in late 2008 and early 2009. So far, though, it’s not happening, Breakingviews says.

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