Who is Afraid Of Hedge Funds ?

Each time the market swoons, the media blames it on them and the regulator wants to “legalise” them. What are hedge funds and how do they function?

There is a sense of shock and awe in India about hedge funds. What is it that gives these funds such an aura? Just as the seemingly omnipotent ‘foreign hand’ has been blamed whenever a disaster strikes, hedge funds come into the limelight whenever...

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