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The Truth About Hedge Fund Returns
Hedge funds do indeed offer protection on the downside. But it’s how they do when the markets are way up that can hurt investors.
These seem like good times for hedge funds. Industrywide assets are at or near their all-time high, depending on who’s counting, and the average hedge fund is poised to post its highest net returns since 2009. And investors seem content. As we recently pointed out, a survey from London-based research
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