Investor redemptions could cull herd of hedgies; 700 to 1,000 funds may disappear by year-end.
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Sunday, October 5, 2008
Hedge funds wilt in credit drought
Posted by Editor at 8:36 PM
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A Voluntary Contraction of the Credit Market resulting in the Involuntary Liquidation of Physical & Derivative Assets at a Material Loss Causing a Severe Recession or even possibly a systemic financial meltdown
Investor redemptions could cull herd of hedgies; 700 to 1,000 funds may disappear by year-end.
Source
Posted by Editor at 8:36 PM