By Nicholas Vardy Hedge fund managers used to rule the market with unique insights and access to the global markets.
Today, Nicholas Vardy explains why these smart investment strategies aren’t working for hedge funds anymore.
Hedge funds have had a rough decade.
At one time, hedge funds were the ultimate financial free lunch. Wall Street’s “masters of the universe” not only beat the market but did so with lower risk.
And hedge fund managers and their clients got rich in the process.
But something changed after the financial crisis of 2008. Since then, many of the world’s most elite hedge funds have been throwing in the towel.
The granddaddy …read more
