Hedge fund of the year - Highland Financial Holdings
Transparency and prudent mortgage-backed securities risk management have paid off at Highland
Anyone reading the regular flow of bad news stories during 2003 could be forgiven for thinking that hedge fund managers live in a world closed to the outside, and are hell-bent on ripping off investors. While, for some managers, this conclusion may be justified, it is not the case for the vast, honest majority. Even so, investors’ calls for complete disclosure – which have reached a crescendo recently – have largely fallen on deaf ears.
But some managers are willing to be open. “We
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