What is fair? In the wake of the credit crisis, the meltdown of investment strategies of all stripes and the resulting steep losses, this apparently simple question is provoking heated reactions. Nowhere is the question of fairness more vexed than in the rarefied world of hedge funds, where limited partnership agreements that have long been stacked in favour of the fund manager are overdue for a rethink.
何爲公平？此次信貸危機之後，各種投資策略徹底垮臺，並由此造成了巨大虧損，在這種情況下，這個看起來簡單的問題引起了強烈反響。在對沖基金這個隱祕的行業裏，圍繞公平問題的爭論比其他任何領域都更爲激烈。長期以來，該行業的有限合夥協議一直有利於基金經理，這早該引起人們的反思。
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