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Are hedge funds more expensive than mutual funds?

The conventional wisdom holds that hedge funds, with a typical 2 and 20 fee structure, are more expensive than mutual funds, with a... Read more...

Pimco sees hiring opportunity in Wall Street crunch

Pimco is making it known on Wall Street that it is hiring. It has apparently approached between five and 10 top banks, presumably via HR, and asked them to inform pink-slipped employees of openings... Read more...