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Hedge funds fare well compared with mutual funds

Hedge fund performance perplexed a lot of people last year. Volatility should have made for outsized returns but it didn't really turn out that way. This year, however, things are different. Some... Read more...

SPOTLIGHT: Bear Global Macro Fund

As if Bear Stearns didn't have enough problems: The company's Emerging Markets Macro Fund returned more than 25 percent last year; now, it's down 15.2 percent in the first quarter, alone. The... Read more...