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Good performance, mediocre results or even downright ugly returns. When it comes to hedge funds, it scarcely matters. Even as some investors begin to sour on these high-priced stock pickers, the top fund managers still haul in enormous paychecks.

"Hedge Fund Managers Don't Always Beat the Market, but They Still Make Billions" is from the May 16, 2017 Business section of The New York Times. It was written by Alexandra Stevenson and narrated by Keith Sellon-Wright.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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