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A comment on How a Gang of Hedge Funders Strip-Mined Kentucky’s Public Pensions. Parent comment
Hedge funds are a very diverse group (see my above comment about how they are defined by compensation schemes nowadays and not strategies).
The original idea of hedge funds was to provide low volatility (like bonds) and high returns (like equities).
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Hedge funds are a very diverse group (see my above comment about how they are defined by compensation schemes nowadays and not strategies).
The original idea of hedge funds was to provide low volatility (like bonds) and high returns (like equities).