Blackstone: Nice Stock, Stupid Product? |
August 15, 2013 | August 2013 Bond Updates |
Now that the SEC lifted an 80-year ban that kept hedge funds from advertising, the industry faces a bit of a conundrum: what to advertise? As Bloomberg BusinessWeek recently noted in a damning cover story titled ?Hedge Funds are For Suckers,? the average hedge fund has underperformed a long-only stock index fund in eight of the last 10 calendar years. |
View more at: http://www.forbes.com/sites/ycharts/2013/08/14/blackstone-nice-stock-stupid-product/ |
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