Impact of Giant Hedge Funds Making an Impact Everywhere

Summary


In the $1 trillion world of hedge funds, almost anything goes.

You can invest if you have lots of money, there are few restrictions on where fund managers can put it, and they typically make big bets.

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Extract


Impact of Giant Hedge Funds Making an Impact Everywhere

But the impact of hedge funds extends beyond those wealthy investors.

Hedge funds have been blamed for volatility in crude oil markets by using derivatives to bet on prices. Their buying and selling of U.S. Treasuries often surprises central banks.

They launch billio...

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