Hedge Fund Bond Price Investigation Focuses on Thinly-Traded Bonds
Since bonds are rarely traded, pricing is difficult to verify, making it “ripe for abuse.”
Since bonds are rarely traded, pricing is difficult to verify, making it “ripe for abuse.”
25% of all hedge fund managers surveyed at year-end 2016 changed at least one service provider over the preceding 12 months.
Some of the funds are changing their strategic approach or at least becoming slightly more transparent.
State to reduce hedge fund investments by more than $500 million over two years.