Maybe hedge funds arenít all theyíre cracked up to be.
Thatís the message in a story
from this weekendís Wall Street Journal
in which one financial advisor states that rather than hedge funds, he puts his clients into mutual fundsÖ that act like hedge funds.
, based in Ohio, told the Journal that hedge fund investing didnít have the return for his wealth clients that he was looking for, so he turned to the mutual funds with hedge-like qualities, which he believes will give a better return.
For more information, including a nifty graph, read the original article
Stay ahead of the news ... Sign up for our email alerts now