Hedge Fund News From HedgeCo.Net

Wake us up when the US defaults, hedge funds say

CNN – Fund managers are barely paying attention to the drama in Washington, because they say it’s impossible to make bets ahead of a debt resolution. And nearly every fund manager expects a resolution, even if it goes down to the wire.

“I’m still of the camp that this will get solved at the very last minute, and until then, there’s nothing to do,” a manager of a $6 billion hedge fund who requested anonymity said Monday morning.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>