Gordon Murray Quotes

The Competitive Landscape Of Hedge Funds Is Rapidly Changing, As Hundreds Of Funds Are Opened And Closed Every Year. For Example, Pensions & Investments Reported That 784 New Funds Were Started In 2009, While 1,023 Existing Funds Were Closed. Amazingly, The Median Life Of A Hedge Fund Is Only 31 Months. Fewer Than 15 Percent Of Hedge Funds Last Longer Than Six Years, And 60 Percent Of Them Disappear In Less Than Three Years.[3]

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