Hedge funds pool the assets of several clients and manage these assets on their clients behalf. Directional
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Hedge funds pool the assets of several clients and manage these assets on their clients’ behalf.
Directional hedge funds take a stance on the performance of broad market sectors. Nondirectional funds establish market-neutral positions on relative mispricing. Even these hedged positions still present idiosyncratic risk.
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Related Book For
ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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