The lure of high returns that aren't correlated to other markets has led to an explosion of global hedge fund money, to more than US$2 trillion. Unfortunately, "explosion" also describes a number of hedge funds that literally blew up over the years due to fraud or poor risk controls.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1292607/when-dealing-money-check-hedge-funds-back-office
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