Many Unhappy Returns; Hedge Funds  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8747 (Aug. 2011), page 65.
Topik: International; Hedge Funds; Financial Performance; Industrywide Conditions; Investment Policy

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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With bold promises of strong returns in good times and bad, hedge funds have seduced many an investor. But as often happens when a courtship develops into something more serious, blind love has been followed by a bitter let-down. Hedge funds first disappointed investors en masse in 2008, when the average fund fell by 19%. Since then they have struggled to beat the market. This year performance has continued to be lacklustre. The hedge-fund industry needs to produce outsize returns for the rest of 2011 if it is to restore its reputation.

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