29.04.2015 - How Humdrum ETFs Are Overtaking Racy Hedge Funds
It's part of a gradual change in culture on Wall Street that's encouraging low costs and long-term thinking. It’s like the investment world’s version of the race between the tortoise and the hare. And the hare is losing its lead. Hedge funds, investment pools known for their exotic investment strategies and rich fees, have long been considered one of the raciest investments Wall Street has to offer, with $2.94 trillion invested globally as of the first quarter, according to researcher Hedge Fund Research...............................................Full Article: Source
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