Tuesday, September 9, 2008

Hedge Funds Cool Their Heels

(Wall Street Journal-MarketBeat blog) If you don’t have much idea where the market is going, chill out — some of the more sophisticated investors are having a hard time answering that question also.

Hedge funds have, for the most part, performed dismally this year, and while the aggregate hedge fund is still doing better than the Standard & Poor’s 500-stock index, that’s hardly the goal of these investors, which seek positive returns no matter what the environment.

Read the entire article

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