| 18.05.2007 Opalesque Exclusive: Blow-up survivors: a light survey |
| From Benedicte Gravrand, Geneva:
Running a hedge fund has its risks: one of them is the worst-case scenario, namely implosion. These situations might feel, for some, like the end of the word. But they also provide the best lessons in risk management and analysis procedures.
Recent news about more Tiger cubs setting up their own hedge funds suggested that hedge fund blowups need not be the |