Have hedge funds lost their appetite for risk taking?

Thu Sep 1, 2005

Whatever happened to the swashbuckling, risk-seeking hedge fund managers that once personified the industry? Clearly, as we've pointed out in past issues of Absolute Return, their decline has had a lot to do with the tepid returns posted by most hedge funds in recent years.

But in all fairness, there is ample evidence that these days,...


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