Thursday, February 05, 2009

Hedge funds (2)

All About Alpha gives a great overview of the latest thinking on hedge funds. There is a huge amount here about difficult times. One interesting point:

According to Douglas, Asian markets are more informationally-inefficient because most investors there are of the non-professional persuasion. Douglas says that hedge fund managers often end up trading alongside individual investors, not large pensions and mutual funds as in North America.

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