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Tuesday, October 8, 2013

Blumont

Blumont
Hedge Funds - A Brief History
by
Ahmed Althaf
Alfred Winslow Jones is being considered the father of hedge founds, since he founded the first one in 1949, although he had forerunners like Jesse Livermore, Bernard M. Baruch and Benjamin Graham, who operated characteristics of the modern hedge funds long before him. However, Alfred Winslow Jones was the first one to use short selling, a limited partnership structure and leverage as well as a 20 percent incentive fee to compensate the managing partner.
http://ezinearticles.com/?Hedge-Funds---A-Brief-History
id=733369 - Sep 16, 2007
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