What s wrong with hedge funds today?
Description
For those of you who don?t know; a hedge fund is basically a pooled investment vehicle (like a mutual fund) where there are absolutely no constraints on what the investment portfolio manager can do with the money.Sociologist, author, and financial journalist Alfred W. Jones is credited with the creation of the first hedge fund in 1949. Jones believed that price movements of an individual asset could be seen as having a component due to the overall market and a component due to the performance of the asset itself. Find more information on http://www.blackhawkpartners.co m/Blog.aspx?id=67
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Published on 12-08-2010
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