The Accidental Consultant

A blog for consultants, money managers, and their clients to discuss the state of the industry and current market conditions - and for me to publish my thoughts.

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Location: Los Angeles, CA

Thursday, April 13, 2006

Man Group claims $2.3bn hedge fund record

Hedge Fund scandals make good press. I wonder when the practice of
hedge fund groups paying kickback fees to consultants and RIA's is
going to explode?

http://snipurl.com/p5kj

"Man Group, the blue-chip hedge fund manager, has raised more than
$2.3 billion (£1.3bn) in client money in what it says is the largest
private client launch of a hedge fund product."

  • OK, I think I need to add here that I am not in any way shape or form advocating for or against any particular investment or investment style. The world of consulting rapidly changes, and this forum is designed to help all participants in the marketplace by serving as a location for the exchange of ideas. I have a clients who have an interest in the outcome of particular investment strategies, and thus I do as well. All investors have different needs, and thus investments that I might pan for some might be appropriate for others