Investors fret as Eden Rock fund falls
Wednesday, August 19, 2009 : PermalinkReuters – Eden Rock Structured Finance has seen its value drop further in 2009, leaving some investors saying they are worried they may get back little of their money in the hedge fund, which is due to be wound up after losses last year.
Lack of foreign exchange hedging pummelled the fund’s asset values by up to 8.5 percent in July, according to preliminary company estimates seen by Reuters.
Tags: asset values, eden rock, foreign exchange, hedge fund, investors, losses, money, reuters, structured finance
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