Rich Managers, Poor Clients

This concise article in The Economist lifts the veil on hedge fund returns – specifically who actually reaps the profits and why even the industry’s lackluster returns since 1998 are misleadingly high.  A worthwhile read that cites the eye-opening statistics compiled by a former hedge fund insider at JP Morgan.

Link  |  A Devastating Analysis of Hedge-Fund Returns (Economist.com)

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