Yahoo! Finance
01-12-2009, 07:50 PM
<b>Yahoo! Finance: Mutual Fund News</b>
Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" -- outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with eye-popping returns that carried seemingly moderate risk.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090112/hedge_funds.html?.v=4)
Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" -- outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with eye-popping returns that carried seemingly moderate risk.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090112/hedge_funds.html?.v=4)