Now it looks as if the industry might be based on a more systematic falsehood. Two recent academic studies suggest that hedge funds have been routinely dishonest, or at least economical with the truth.
We estimate that approximately 10 percent of returns in the database we use are distorted
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.