Source: Daily Finance
Some of the world's most prominent hedge fund managers are betting
against the eurozone -- and not just the peripheral countries everyone
knows are in trouble. They're taking positions against the core
countries, economies that -- until now -- everyone has assumed were
rock-solid.
Here's a primer on the world of hedge funds and why the latest developments in the recently resurgent eurozone crisis are yet another warning shot across America's economic bow.
How the Other Percent Invests
Put simply, hedge funds are investment funds for the wealthy. You and I put our money into mutual funds, which a fund manager watches over, moving investor money into and out of a portfolio of stocks, bonds, and other investment vehicles as he or she sees fit in order to maximize the fund's return.
Read More...
Here's a primer on the world of hedge funds and why the latest developments in the recently resurgent eurozone crisis are yet another warning shot across America's economic bow.
How the Other Percent Invests
Put simply, hedge funds are investment funds for the wealthy. You and I put our money into mutual funds, which a fund manager watches over, moving investor money into and out of a portfolio of stocks, bonds, and other investment vehicles as he or she sees fit in order to maximize the fund's return.
Read More...
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