Hedge Funds Crush Mutual Funds
Interesting fact for anyone out there working in the hedge fund industry or tracking its growth. In 2007 hedge funds have gained over $279 billion in assets while mutual funds have only gained $79 billion. "The hedge fund industry's 3.5% return in October was the highest in the past seven years," says Sol Waksman, chief executive officer of BarclayHedge Ltd. "Nevertheless, recent market turmoil has made investors a bit more cautious about investing in hedge funds."
- Richard
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Related Terms: Hedge Fund assets, Hedge Fund Industry Growth, BarclayHedge LTD., Hedge Fund Market, Hedge Fund Investing, Hedge Fund Turmoil, Hedge Fund Investors
Article Source: HedgeWeek
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