FIFTY FOUR DEGREES | 15 Hedging Your Bets The hedge fund industry has been historically seen as controversial. Academic evidence in the early 21st Century suggests that hedge funds even manipulated the market. But is that still the case – and if not, why not? Professor Olga Kolokolova shows the changes that have taken place to make ‘pump and dump’ strategies less worthwhile, reducing instances of misconduct across the sector.
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