Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (288)	10/1/1998 10:22:00 PM
From: Stitch	Read Replies (1) of 2794

Clark; <<Once the domain of wealthy investors, hedge funds are now attracting pension funds, endowments, foundations and investment managers who invest in a group of hedge funds. These institutions, which accounted for only 5 percent of the hedge funds' assets five years ago, now account for about 80 percent of assets. >> Is the author serious? Pension funds? Maybe it is time to define "hedge fund" further. My plebeian understanding of hedge funds would suggest there ought to be a law preventing pension funds from using them as an investment vehicle. <<my opinion of the European Union is that in a world of emergent trading blocks the European Union will have to come about and England will have to join.>> Just as an aside, based on a straw poll of 4 people at dinner last night, the average UK citizen thinks of the EU as dilutive. Best, Stitch

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