Hedge fund is not alone
It seems that hedge fund is not alone to suffer in current enviornment. According to Morningstar Inc., 91% of all mutual funds in existence have lost money so far this year. To put that in perspective, in 2001 -- the year Enron imploded, Internet stocks kept crashing and 9.11 attack, more than one out of every three funds still managed to generate positive returns.
So you could imagine how much worse might things get. “Get the hell out!”
So you could imagine how much worse might things get. “Get the hell out!”
Labels: hedge fund, mutual fund
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