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Hedge Fund Managers? Who Needs 'Em

FYI: Being a hedge fund manager used to be the kind of job you did after a stressful life in banking. Now, not only are there fewer such roles, but they're as taxing as ever. Indeed, the entire money-management world is being turned on its head as investors realize that passive strategies are cheaper, and often perform better.
Regards,
Ted
http://www.bloomberg.com/gadfly/articles/2016-04-27/hedge-fund-managers-who-needs-em
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