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Hedge Funds Review

Bulldog Investors - November 2005

Phillip Goldstein makes a habit, and a living, out of taking on corporate managers through his activist hedge funds at Bulldog Investors in the US. He has also taken the SEC to court over registration. He explains how his fund and activism make money.

On the right track

When Robert Fleming started financing railroad construction in the US at the end of the nineteenth century, he may not have realised his legacy would set a series of single-strategy hedge funds running, in London, more than 100 years later.

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