Keep a Wary Eye on That Hedge Fund

Investors need to apply extra supervision to avoid getting caught in a bad situation, says GlobeOp's Hans Hufschmid

Investors always seem to be the last to know when a hedge fund blows up. One month they get a statement saying their investments are intact, and the next the manager has flown the coop, no one picks up the fund's phone, and all the money is missing.

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