nakedcapitalism.com - 10/23/2008
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Not only is the $43 billion number, um, impressive, but recall September was a dreadful month for many funds. Industry experts see more redemptions in the offing. Moreover, London is a bigger hedge fund center than the New York metro area, where the vast majority of hedge funds ply their ...
bloomberg.com - 10/17/2008
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bloomberg.com —
Oct. 16 (Bloomberg) -- Investors withdrew a record
$43 billion from hedge funds in September as they...
fled distressed-securities and stock funds because of poor performance, TrimTabs Investment Research said today. The estimated outflows were the most ...
(more)
Hedge-Fund Clients Pulled $43 Billion Last Month, ...
blogmaverick.com - 10/28/2008
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blogmaverick.com —
I’ve decided to start a new hedge fund.
However, this hedge fund won’t invest in stocks or...
bonds, or any type of business. It’s going to be a fund that only places bets. A gambling hedge fund. It won’t be me figuring out what bets to place, or what ...
(more)
My New Hedge Fund
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Hedge fund withdrawls, leverage, and future job prospects
FinanceProfessor.com —
... More on the redemptions is available from Naked Capitalism which also correctly points out that the leverage that allowed more assets to be bought when money flowed into the funds, will result in more assets being sold when money flows out: ...
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