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But hedge-fund managers took home almost $100 billion in fees between 2008 and 2010 (and an aggregate haul of $379 billion between 1998 and 2010).Mr Lack's book suggests the blind faith displayed by many institutional investors in hedge funds needs to be reconsidered.
Thanks to people like Bernie Madoff, the world of hedge funds needs more help in the PR department.
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To find good deals, funds need people on the ground.
Superannuation funds need to satisfy the sole purpose test.
"Those funds need to be very concerned about donor intent".
"All the funds need to listen to what the families say they need," he said.
Pension funds need such assets to balance their long-term liabilities.
"The additional funds needed for this pension installment are killing our business.
Most urgent, officials overseeing troubled funds need to save more money.
Right now, it seems, hedge funds need to be watched more carefully than most.
property, which lessens funds needed for capital improvements like more schools, better sanitation.
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CEO of Professional Science Editing for Scientists @ prosciediting.com