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Baskets of Plenty
Hedge fund managers are embracing exchange-traded funds as an easy and inexpensive way to bet on market sectors and popular indexes.
Moore Capital Management founder Louis Bacon made his name in hedge funds because of his reputation as an expert in commodities and futures. Equities played a minimal role in his portfolios. Until now, that is. Since early 2005 the global macro investor, whose firm manages more than $10 billion, has
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