Friday, May 6, 2011

Finance expert defends hedge fund business

Coverage of GAIM Ops Cayman:

Despite the bad press surrounding the hedge fund business these controversial funds play an important and useful role in society according to one finance expert. While the media may prefer writing about the salaries earned by hedge fund managers, Edward H. Dougherty, Partner at Deloitte & Touche a speaker at this week’s GAIM Ops Cayman conference, said it was about time the public was properly informed about the positive side of the industry. Dougherty was speaking to one of the biggest ever attendances of the conference, now in its sixth year currently being held at The Ritz-Carlton, Grand Cayman when he gave the audience his top ten reasons why hedge funds were good for society.

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