The Case Against Hedge Funds


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  • | 6:00 p.m. April 17, 2006
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The Case Against Hedge Funds

FINANCE by Francis X. Gilpin | Associate Editor

James S. Riepe may be stepping down as vice chairman of T. Rowe Price Group Inc., a Baltimore investment firm that specializes in mutual funds. But the mutual fund executive's recent remarks in Tampa about his industry's latest rival for investor cash weren't the least bit retiring.

 

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