Mentions of "hedge fund" employment in the widely-followed New York Times wedding announcements section have plummeted 26% since the financial crisis.
Hedge funders on the search for alpha may be ignoring eros.
The number of mentions of the term "hedge fund" in the New York Times wedding section has plummeted 26% since the financial crisis, according to weddingcrunchers.com.
In 2007, at the peak of the industry's financial fitness, 1.8% of all announcements in the widely-followed Sunday section mentioned the word "hedge fund," presumably to describe the employment of either the spouses or their parents. The frequency fell in a straight line for five years, and is now down to 1.3%, the lowest since 2004.
Absolute Return speculates there