CHART OF THE DAY: Hedge Funds Look A Lot Like Cheap Index Funds These Days

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, February 7, 2013 CHART OF THE DAY: Hedge Funds Look A Lot Like Cheap Index Funds These Days Morgan Stanley's Adam Parker has an update to a chart we've seen a lot lately. It's the correlation between the the equity hedge fund index and the S&P 500. As you can see, the correlation has been getting closer and closer to 1, which means that they're increasingly moving hand-in-hand. However, hedge funds are notorious for charging extremely high fees. Assuming this relationship holds, it's probably a lot smarter to just buy a cheap mutual fund indexed to the S&P 500 like the Vanguard 500. Read » Also On Money Game Today: STOCKS FALL: Here's What You Need To Know Jim Rogers Tells Us About The Time He Got Wiped Out Shorting 6 Stocks Advertisement CHART OF THE DAY: US Companies Haven't Paid The Statutory Tax Rate For At Least 45 Years CHART OF THE DAY: The Outlook For Profit Margins Is Outrageous CHART OF THE DAY: Meanwhile, Earnings Expectations Continue To Come Down Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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