June 19, 2006
Is there no difference between hedge funds & mutual funds?
As hedge funds grow and become too big for their boots, they need to diversify and grow. Geographic diversification is hence a natural progression. For a growing number of hedge funds this is the next step in their evolution from relatively simple vehicles into complex organizations. Iht.com reports:
There will be an industrywide scandal. This may seem a bit silly to say. Blowups and scandals have been a part of the hedge-fund saga since its first chapters after World War II. What is meant by this prediction is a broad industrywide scandal complete with multiple oustings of chief executive officers, congressional hearings, and studies by academics proving that the whole concept has gone wrong.
Read more: Funds: Hedge funds on road already taken
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