Tag Archives: elite
Battered hedge funds face difficult 2009
Daily Herald – Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" – outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with eye-popping […]
Investors joining hedge fund club get burned
Reuters – Two years ago, investors scrambled to snap up shares in elite hedge fund firms, eager for a piece of the lucrative action. What they got instead were big losses. Starting in early 2007, when hedge fund and private equity […]
Investigate money advisers before investing
Grand Forks Herald – From worrying about banks and a financial meltdown, investors are now wondering if they can trust the person investing their money. In this year of shocks, investors were dealt another a little over a week […]