Hedge Funds falter as big shakeout underway; Over 9,000 employed in administration in Ireland
Oct 17th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Hedge funds which have become synonymous for high returns in recent years have begun to falter as the ongoing financial turmoil wreaks havoc on their business models. In Ireland, over 9,000 are employed in about 40 firms in hedge fund administration.