Hedge Fund News From HedgeCo.Net


Asia’s bull run ends in 2008 with record falls

Miami Herald – Nearly two-thirds said they had lost 70 percent of their investments or more, according to the survey by the Shanghai Securities News, a newspaper affiliated with the stock exchange.

Many Asian hedge funds, meanwhile, took a drubbing and closed shop by the dozens, with their traditionally long bets on the markets’ moves souring amid the furious sell-off.

Whether 2008’s lows, reached mostly in October and November, hold in 2009 is a matter of debate.

Read Complete Article

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.