Developments in the Hedge Fund Industry 2
The largest practitioners of market-neutral investment strategies are the proprietary trading desks of major financial institutions and hedge fund managers. Because of the difficulty in ascertaining the extent of proprietary involvement, the discussion here focuses on hedge fund managers who utilize market-neutral strategies. This little known group of money managers have adopted a wide variety of specialized investment strategies and constitute one of the fastest growing and exciting areas of the investment world.
The high-profile failure and subsequent bailout of Long Term Capital Management (LTCM) gave many market participants, ...
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