Report: More Than 20% Of Hedge Funds Misrepresent Something To Clients
Oct 14 2009 | 12:11pm ET
More than one in five hedge fund managers are lying to their investors, according to a new report.
The study, conducted by a quartet of academics, founded that 21% of hedge funds misrepresent past legal or regulatory problems, while nearly three in 10 offer incorrect or unverifiable information about other topics, including assets under management and performance, the study shows.
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Occupy GAIM Fizzles
Jan 23 2012 | 11:26am ET
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