Hedge Fund News From HedgeCo.Net


Nov. 15 Redemptions Could Overwhelm Unprepared Hedge Funds

Financial-Planning.com – The fate of many a hedge fund relies on what investors decide to do with their money on Nov. 15, when it is possible an overwhelming majority could ask for their money back by the end of the year, Dow Jones reports.

If there is a rush to the exits, that could send the Dow Jones Industrial Average and equities, as well as other markets-including credit, commodities, foreign exchange and foreign stock markets-spiraling even further downward.

Hedge funds that give investors until Nov. 15 to notify them if they want their money back include Citadel Investment Group and Och-Ziff Capital Management Group. Others have deadlines of Nov. 26 or Nov. 30.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , , , , , , . Bookmark the permalink.

Comments are closed.