Ilana Weinstein on the War for Talent at Hedge Funds
Masters in Business
00:00
The Fight for Talent in the Fund Management Industry
The hedge fund industry is in a feeding frenzy for the best managers, says Barry Ritholtz. Long short equity funds that are directional and concentrated have had horrific performance. On average, these funds are down 30 to 40 percent, with funds like Tiger Global, down as high as 60 percent. "There has never been a clearer bifurcation between the two"
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