BloombergBusinessweek’s picture says it all: Hedge funds talk big, but results are limp.
Sheelah Kolhatkar reported back in July on the poor performance and high cost of specialist investor funds. The follow up for the 3rd quarter tells the same story: Hedge Funds Continue to Be for Suckers
If the fund managers had to suffer the same kind of losses that their clients do, maybe they wouldn’t be so expensive and unreliable.
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