Are hedge funds to blame for the financial crisis?

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From PWM Research / Sub-Advisory 01 November 2008

By Matt Mack

In the past fortnight hedge funds have been tarnished with a critical brush by investors and the media. On the one hand due to “disappointing returns” and also the downward spiral in equity prices as well as commodity speculation. These wide sweeping statements are not completely accurate and the activities of a few should not unjustly implicate the industry as a whole.

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Are hedge funds to blame for the financial crisis?

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