I haven't a clue and this article doesn't help much, but it did remind me of what Jon Taplin wrote about the other day, so it will be interesting to see what hits the headlines.
You think things are bad now? Just you wait: the chart above gives you a very good indication of what Christine Williamson calls the "bloodbath ahead" in the hedge-fund industry.No one wants to be invested in an underperforming hedge fund right now -- and half of the hedge funds in America are underperforming. What happens when investors decide to take their money out tomorrow, as they're generally allowed to do on the first day of any quarter?
Wednesday, October 1, 2008
Hedge Fund Crash Looming?
And does it really matter to you?
Labels:
Econ
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