Wednesday, 19 November 2008

Sorry About That Hedge Fund

Both the Wall Street Journal and The Times are running my Bloomberg column about how hedge funds need a better class of excuse. Ypu can read the original here. I got a lot of feedback on that piece, mixed as usual, but mostly positive. Quite a few hedge fund managers e-mailed me. I suspect they know the industry is in trouble because the performance all through the credit crunch just hasn't been good enough.

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