BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Hedge fund sector lost $350 billion globally in 2008]]>http://www.bloggingstocks.com/2009/01/14/hedge-fund-sector-lost-350-billion-globally-in-2008/http://www.bloggingstocks.com/2009/01/14/hedge-fund-sector-lost-350-billion-globally-in-2008/http://www.bloggingstocks.com/2009/01/14/hedge-fund-sector-lost-350-billion-globally-in-2008/#commentsFiled under: , , ,

As it turns out, the hedge fund sector - - where much of the U.S.'s financial brainpower was deployed this decade - - was not immune to the financial turmoil that rocked markets world-wide in 2008.

The hedge fund sector lost $350 billion, or about 12% globally in 2008, according to data compiled by Eurekahedge.com(subscription required.) Further, funds that invested in North America lost the most, registering a $183 billion loss for the year.

Also, concerning strategies as 2009 begins, Eurekahedge concluded that most hedge fund managers are currently positioned for an environment of heightened risk aversion and volatility, with lower leverage levels, and high cash positions, throughout the sector.

In addition, Eurekahedge sees trend-based and arbitrage strategies in the commodities and currency markets as the likely best hedge fund performers short-term, with opportunistic / value plays in the credit markets, and to a lesser degree, in the stock markets, performing better longer-term.

Continue reading Hedge fund sector lost $350 billion globally in 2008

Hedge fund sector lost $350 billion globally in 2008 originally appeared on BloggingStocks on Wed, 14 Jan 2009 13:48:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>accredited investorsEurekahedgehedge fundsinthenewsWed, 14 Jan 2009 13:48:00 EST