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Hedge Fund ABCs: How to Get Alpha, Beta and Cash Returns

投资者借weight to asset classes with low volatility, low correlation to stocks and reasonable returns.

    By Stephen Nesbitt Cliffwater founder and CEO Stephen NesbittHedge funds produced a very respectable 7 percent to 8 percent return in 2012. Though overshadowed by a 17 percent return on global equities, hedge funds nonetheless generated one of the top risk-adjusted asset class returns for the year. Sharpe ratios for hedge

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