Tuesday, August 29, 2006
Next for Nest Eggs: Hedge Fund Strategies?
Hedge-fund-like investments may soon be available to ordinary folks through — of all things — their retirement plans. So reports Alternative Investment News via DailyII.com, which tells us that some individual retirement accounts already allow investing in mutual funds that act like hedge funds, which are loosely regulated investment pools known for high returns, high risks and high fees. Some 401(k) plans may soon do the same.
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