Sunday, August 27, 2006

Risk ratings developed for hedge funds


Several of the world’s largest ratings agencies are developing wide-ranging credit and risk ratings on hedge funds and their managers, pushing the $1,200bn hedge fund business further into the investment mainstream.

Hedge funds have been attracting investment from conservative investors such as pension funds. To do this, they had to convince investors that the perception of hedge funds as a risky investment is no longer valid.

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