Most hedge funds exceeded their high-water marks in 2010, but a notable minority remain in trouble.
Josh FriedlanderApril 30, 2011
If high-water marks were a test, the hedge fund industry would be passing with a gentleman’s C. A fresh analysis of the database reveals that at year-end 2010, 70% of all funds had surpassed their high-water marks and earned fees for the year,
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