FINANCIAL TIMES MONDAY JANUARY 6
“There’s something happening here.What it is ain’t exactly clear.”
Buffalo Springfield, the 1960s rock group that penned these words, was certainly not writing
about hedge funds in 2013. But they could have been. Reports...
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FINANCIAL TIMES MONDAY JANUARY 6
“There’s something happening here.What it is ain’t exactly clear.”
Buffalo Springfield, the 1960s rock group that penned these words, was certainly not writing
about hedge funds in 2013. But they could have been. Reports abound of money ostensibly gushing into the industry, despite mediocre performance since markets melted down five years ago. The least likely strategies are seeing strong asset growth. And 100 companies now control 61 per cent of all assets, or $1.4tn, despite government policy moves against “concentrated risk” and entities becoming “too big to fail”.
Jonathan Kanterman
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