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

Monday, May 01, 2006

Another Hedge Fund Fraud

A new hedge fund was in my office the other day pushing how strong
their corporate governance was. They claimed that over 40% of all
hedge funds fail to some form of fraud. I thought that number very
high (even though fraud is a real concern). They couldn't really back
up the number. If anyone has a good number, please email a source to
me so I can post it.

Anyway, here is the latest fraud: http://snipurl.com/pw4l

posted by The Accidental Consultant | 8:27 AM

  • 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