25.02.2009 Opalesque Exclusive: Why did `seasoned investors` shun managed futures (but went into Madoff)?
From Chidem Kurdas, Editor, Opalesque Futures:

A veteran investor I know used to talk about how he controlled the risk in the fund of hedge funds he managed. He invested in as many as 100 hedge funds at a time, across a wide range of strategies and styles. Managed futures was not among those. It was possibly the only hedge fund sector he avoided on principle.

We’re talking about a season

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