How big is the risk of a 'blowup'?


The evidence shows that hedge funds aren't more dangerous than mutual funds or private equity

Think hedge funds and most people outside the industry immediately think of high risk and 'blowups'. But is the reputation deserved? Are hedge funds in fact any more dangerous than investing in a mutual or private equity fund? Latest research shows that hedge funds may not be nearly as high risk as their reputations suggest and that mutual funds and private equity are definitely not as safe as you might expect.

Yet, month after month, there seems to be a steady drip-feed of hedge fund