This content is from: Premium

A History Lesson for Hedge Funds

For the mutual fund industry, rapid asset growth has led to mediocre performance. Will hedge funds suffer a similar fate?

The history of the hedge fund industry is remarkably similar to that of the modern mutual fund business. Both trace their roots to the 1940s. The passage of the Investment Company Act of 1940 put in place rules that led to the wider acceptance of mutual funds among investors; the

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content