Promise of Profits, No matter how stock markets fare
Promise of profits, no matter how stock markets fare gail bebee Special to Globe and Mail Update Published Wednesday, Oct. 12, 2011 5:00AM EDT Once the exclusive domain of sophisticated, high-net-worth investors, hedge funds are now accessible to the average investor. With the promise of profits no matter how stock markets fare, these so-called absolute-return investments seem like the perfect cure for ailing portfolios. Pension funds use hedge funds to …