By Thomas Brom
Once again hedge funds?a.k.a. financial lightning in a bottle?have defied efforts by regulators to monitor their activities. With more than $2 trillion invested in the world?s capital markets, hedge funds are the sine qua non of black box securities: intentionally speculative and accessible only to wealthy individuals and institutional investors. And the hedge fund advisers like it that way.
&...
Once again hedge funds?a.k.a. financial lightning in a bottle?have defied efforts by regulators to monitor their activities. With more than $2 trillion invested in the world?s capital markets, hedge funds are the sine qua non of black box securities: intentionally speculative and accessible only to wealthy individuals and institutional investors. And the hedge fund advisers like it that way.
&...
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