The wall of money going into hedge funds continues unabated despite - in fact, perhaps partly because of - the latest hedge fund blow-ups. Yes, there were some high profile victims when the Amaranth energy trading hedge fund ran up losses put at $6bn (€4.75bn) - among them Sweden's AP7 and the San Diego state fund (see page 35). Then there were reports that the Vega hedge fund group was experiencing losses. Yet while this was ...
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