"I cross my fingers for my friends, but I don't have any great love for the hedge-fund industry," says the boss of a big long-short fund.

我为朋友们祈祷，但我不会为对冲基金行业祈祷，市场不景气使一些基金公司关门对我来说是件好事情。

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In the short term, the fund is unlikely to buy directly raw materials, the adviser said.

这位顾问表示，就短期来看，该基金不太可能直接采购原材料。

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In June, Bull Path Capital Management converted a long-short equity hedge fund into a mutual fund.

六月，牛线资产管理公司将长短仓对冲基金转为共同基金。

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But back in 2003, the average long-short fund gained only 8.5%.

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The company launched four funds earlier this summer called the Rydex SGI Event Driven and Distressed Strategies Fund, the Long Short Interest Rate Strategy Fund, the Long Short Equity Fund and the Alternative Strategies Fund.

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