Ten key operational risks for hedge funds
How hedge funds are rewriting some of the ground rules of capitalism.
With billions of dollars at their command, big hedge funds aren't only moving markets with bets on everything from corn to biotech.
They are also rewriting some of the ground rules of capitalism. The Financial Times newspaper recently quoted a banking source as saying the enormous clout that comes from hedge funds having $1.4 trillion under management at the end of 2006 makes them the new JP Morgans.
For instance, although hedge funds own just 1.5% percent of global assets,...
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