Hedge funds panacea

Confidence in hedge fund investments has hit an all-time low due to poor performance and fears of fraud after the collapse of Bernard Madoff’s $65 billion Ponzi scheme. Managed accounts offering improved transparency and control over assets are being tout

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Hedge fund managers, battered by volatile markets and the withdrawal of leveraged funding after September 2007, have faced record redemptions of more than $1 trillion by cash-strap