Hedge Funds Curb Market Turmoil While Brushing Off Clients
This article is for subscribers only.
Everyone on Wall Street had the same question Monday: which hedge fund managers lost, and how much? But as financial markets fell across time zones in a day of harrowing swings, some managers had the same answer: none of your business.
After calling one fund late in the day, Boston-based investor Brad Balter got nowhere.