Wednesday
Oct012008
Decision day for hedge funds
Wednesday, October 1, 2008 at 09:43AM
Today's the day hedge fund managers add up their withdrawal requests. (They do this on the first day of every quarter.) Will the volume be so high as to cause many hedge funds to become big sellers and some to liquidate and go out of business? Felix Salmon presents some hedge fund performance data and discusses the question here. Thanks to Tim Fernholz at TAP for the link.
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