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Are you sure about that? Isn't that mutual funds?
by Tycho 15y ago
Are you sure about that? Isn't that mutual funds?
- Tsagadai 15y agoCompletely sure. My Australian superannuation/pension was heavily tied up with various hedgefunds and it lost about 50% of its value in 2008. I can't tell them how to spend my money and I can only change between a very similar set of funds. Many pensions around the world are in similar arrangements with hedgefunds and investment banks.