Is “Closed” Really Better?
- Topics:
- Commercial Lending
- Tags:
- Capital Market,
- Capital Market Risk Advisors,
- Finance,
- Financial Services,
- Hedge Fund,
- Investment
- Source:
- Capital Market Risk Advisors
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Overview: It is a natural human phenomenon to want what you cannot have. The article asks whether “closed” funds are really more desirable than “open” funds. Investing in “closed” funds does not necessarily lead to significantly higher returns. Investors should avoid the human tendency to assume that what they cannot have is more desirable than what they can have. While there are many excellent hedge funds that are "closed" to new investors, there are many that are still "open". Constructing a successful hedge fund portfolio involves a great deal more than chasing returns and/or lusting after what one cannot have.
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Format: PDF | Size: 116KB | Date: Jan 2003 | Pages: 3



