Wednesday, June 10, 2009

Hedge fund mangers take the risky route

A new article in the New York Times looks at how some hedge fund managers have switched strategies. With the rebound of the markets starting in mid-March, investors who had invested in the risky stocks beforehand.

Even GLG Partners, the hedge fund manager based in London that was hit hard by redemptions and poor returns in 2008, has experienced a turnaround, its funds rising 11 percent for the year, in part because of its large exposure to emerging markets, which have led the global rally.

Read the full article here.

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