Academic study finds hedge funds more likely to sail into the sunset than go down in blaze of glory
|Jan 14th, 2009 | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post | By: Alpha Male||
A variety of euphemisms are often used to describe hedge funds that close their doors from “going under,” to “collapsed,” to “failures,” to “forced into liquidation.” While colorful imagery is engaging, the reality is actually much more boring. As we have written before, most hedge funds that cease operations do so by simply sailing off into the sunset, not going down in a blaze of glory. More…
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