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For Hedge Funds, Start of 2016 Offers Little Relief From 2015

TedTed
in Fund Discussions
FYI: The hedge fund titan Larry Robbins did something out of character last year. He apologized to investors for losing their money and pledged to “right the ship as quickly as possible.” Then he solicited more money from them, raising $1 billion for a new fund and promised to waive the fees.
But he keeps on losing money.
:http://www.nytimes.com/2016/03/11/business/dealbook/for-hedge-funds-start-of-2016-offers-little-relief-from-2015.html?_r=0
Regards,
Ted

Comments

  • JunksterJunkster
    edited March 2016
    I would have to look, but haven't hedge funds performed absolutely miserably since 1/1/2009? Just another example of "there are no experts". Once investors grasp that tenet they can begin going about developing their own money management strategies based on their particular goals and risk tolerances - and not what they read here, there, or anywhere.
  • TedTed
    Junkster: "I would have to look, but haven't hedge funds performed absolutely miserably since 1/1/2009?" You are so correct !
    Regards,
    Ted
    http://www.aei.org/wp-content/uploads/2016/01/hedge2.png
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