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Hedge Fund Redemptions |
HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11735 Location: Los Angeles, California
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Posted: Thu Aug 30, 2007 5:55 pm Post subject: Hedge Fund Redemptions |
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| Quote: | As many as 2,000 hedge funds could be vulnerable to redemptions as investors rush to recover their assets, increasing the number of companies seeking bankruptcy protection while the credit debacle builds.
A report by Morrison and Foerster, an international law firm with a hedge fund recovery team, singles out hedge funds with assets based on credit derivatives -- which are infrequently traded and therefore difficult to value -- as most vulnerable to redemptions. |
http://www.financialnews-us.com/?page=ushome&contentid=2448647302 |
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