July 05, 2006
Morningstar Inc provides fee and return data on the hedge fund industry
The key to making less financially fatal errors is by self education. The reference being made specifically here is in regard to the Hedge Fund market. The need for self education has grown manifold in today’s unregulated scenario. As more and more Hedge funds are coming downstream and trying to appeal to Middle America and investors the need for investors to be well informed has never been more.
A Chicago-based research firm, Morningstar Inc., which is best known for its mutual-fund ratings, has now started providing fee and return data on 3,000 hedge funds. Morningstar's managing director, Don Phillips, stated that with average American putting his money in hedge funds, the industry simply cannot operate in secrecy and hence the need for this information.
It may be recalled that according to Hedge Fund Research Inc. of Chicago, there are about 8,800 hedge funds worldwide today with at least $1.2 trillion in assets.
--
Did you enjoy this post?
Comments
Post a comment
« Unregulated Hedge Funds – does the market need a ‘regulator’ | Main | Hedge Fund’s purchase of shares spurs Rite Aid rise »
Recent Comments