Hedge Fund News From HedgeCo.Net


A Default Play Appears Too Risky for Hedge Funds

DealBook – At a time when the hedge fund industry’s many larger-than-life billionaires would normally be making bold bets, they are largely sitting on the sidelines.

The United States government is edging precariously closer to a default, an event that world leaders have warned would cause widespread disruption of markets around the world. It is the kind of potential for turmoil that hedge fund managers often view as ripe for exploitation.

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