Survey Finds Currency Hedge Fund Managers At Top of Earnings List
FUNDS
Hedge fund traders active in the currency markets were among the top earners on Wall Street during 1993, according to a survey in Financial World (FW) magazine's July 5 issue. Seven of the top 10 in the survey of 100 professionals were known for their activity in the currency markets during the year.
The annual FW survey points to the global trend toward lower interest rates and the consequent currency plays made against the purchase of foreign bonds, particularly in Europe and Japan, as the
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