But the image of hedge funds as a high-stakes casino is rather unfair; most hedge funds quietly give up through lack of interest rather than collapsing.
但对冲基金行业被视为需要下注很高的赌场这样的形象是非常不公平的；绝大部分对冲基金会从缺少利润的项目中悄然撤出，而不是继续投机最后崩溃。
Mr Madoff acted as custodian of assets that were placed with him and had no external administrator because he ran a brokerage, rather than a formal hedge fund, several investors say.
一些投资者表示，马多夫在担任受托资产保管人的情况下并没有任命外部管理人，因为他所经营的是一家经纪商，而非一只正式的对冲基金。
He hinted that regulators might have to supervise large hedge funds directly, rather than indirectly, through Banks.
他暗示道监管者可能不得不直接监督那些大的对冲基金，而不再间接的通过银行来监督。
They called for a European economic model in which capital serves "entrepreneurs and workers" rather than "speculators", and hedge funds and bankers' pay are tightly regulated.
他们呼吁建立新的欧洲经济模型，使资产服务于“企业和工人”，而非“投机商”；同时要求对对冲基金和银行家的支出进行严格的监控。
A handful of big institutional investors and hedge funds, rather than retail investors, have been responsible for the lion's share of buying this year.
今年是一小撮大机构投资者和对冲基金，承担了购买的大部分份额，而不是散户。
Rather than celebrating and immediately writing the lower amount into the new budget, hedge your bets a little.
现在不是庆祝并立即将较低的金额（80美元）写进新的预算里的时候，它只是让你少损失一点罢了。
The SEC had long defined these to be the institutions whose money a hedge fund administered, rather than their individual investors.
一直以来，SEC定义的“客户”包括了把资金托付避险基金管理的机构成员，而不仅仅是个体投资者。
THERE is a bit of the frontier spirit about hedge funds-albeit one of algorithms rather than Apaches.
对冲基金有些边缘地带的色彩——虽然只是游离于规则外而不是像亚帕基人那样流浪。
Most hedge funds quietly expire when they become unproitable to run rather than collapsing in a blaze of ignominy.
如果运营起来不再挣钱了，多数对冲基金会悄然而退，而不是丢人现眼地全盘崩溃。
Or a contract to hedge the weather risks affecting crop prices, rather than the future prices of those crops, would also be considered a derivative.
用于观察气候风险对谷物的价格影响而非这些谷物的期货价格也被认为是一种衍生工具。
Or a contract to hedge the weather risks affecting crop prices, rather than the future prices of those crops, would also be considered a derivative.
用于观察气候风险对谷物的价格影响而非这些谷物的期货价格也被认为是一种衍生工具。
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