'Hedge fund liquidations'

BookValue
Innovations in Investment Management
H. Gifford Fong
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Lessons from failures

The demise of many hedge funds may commonly be due to operational failures, securities fraud, insufficient assets, excessive leverage, or lack of diversification. Yet, these failures can be an opportunity for hedge fund managers and investors to learn and improve, say the authors of one of the essays included in Innovations in Investment Management: Cutting-edge Research, edited by H. Gifford Fong.

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