Markets: Hedging their bets

At a conference in Sydney, top hedge funds are not promising outrageous returns.

If you’re hoping your hedge fund will bring you outlandish returns, think again.

In a show of hands at the Australian Hedge Funds Forum in Sydney on Tuesday, few raised their hands when they were asked if they could better a 10 per cent per annum return in stocks over three years or 4 per cent on bonds over the same period.

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