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 declined a record 18.3% in 2008]]>http://www.bloggingstocks.com/2009/01/09/hedge-fund-sector-declined-a-record-18-3-in-2008/http://www.bloggingstocks.com/2009/01/09/hedge-fund-sector-declined-a-record-18-3-in-2008/http://www.bloggingstocks.com/2009/01/09/hedge-fund-sector-declined-a-record-18-3-in-2008/#commentsFiled under: , , , ,

Like most markets, the hedge fund sector "took it on the chin" during the bear market of 2008.

The hedge fund sector lost 18.3% in 2008 -- the sector's worst year on record -- according to data compiled by Hedge Fund Research Inc., as funds found it difficult to adjust to the tumultuous trading and market conditions precipitated by the global financial crisis.

Losses, withdrawals take a toll

Further, losses and withdrawals decreased industry assets to $1.1 trillion in December 2008 from $1.9 trillion in June 2008, according to Bloomberg News, citing Morgan Stanley data.

Economist Richard Felson said investors can interpret the year for hedge funds in two ways.

"One way to look at it would be to say that hedge funds, despite their derivatives, sophisticated trading models, and ability to move money across markets with speed, were not immune to the financial crisis and market turmoil," Felson said. "That would be a data point to argue that the bloom is off the hedge fund rose."

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Hedge fund sector declined a record 18.3% in 2008 originally appeared on BloggingStocks on Fri, 09 Jan 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>accredited investorfunds of fundshedge fundsinthenewsFri, 09 Jan 2009 11:30:00 EST<![CDATA[July 'herd mentality' may result in worst hedge fund month in 5 years]]>http://www.bloggingstocks.com/2008/07/28/july-herd-mentality-may-result-in-worst-hedge-fund-month-in-5/http://www.bloggingstocks.com/2008/07/28/july-herd-mentality-may-result-in-worst-hedge-fund-month-in-5/http://www.bloggingstocks.com/2008/07/28/july-herd-mentality-may-result-in-worst-hedge-fund-month-in-5/#commentsFiled under: , , , ,

It looks like the economic slowdown that has chopped (or eliminated) returns in many asset classes is set to hit another sector, and a rarefied one at that: the hedge fund sector.

Hedge funds may post their worst monthly performance result in five years in July, after trade calculations on financial stocks and crude oil backfired, according to data provided by Hedge Fund Research Inc., Bloomberg News reported Monday.

Hedge Fund Research Inc.'s Global Hedge Fund Index was down 3.16% in July as of July 24 -- on pace to record its largest monthly decline since 2003. The index is also down 4.16% for the year.

Continue reading July 'herd mentality' may result in worst hedge fund month in 5 years

July 'herd mentality' may result in worst hedge fund month in 5 years originally appeared on BloggingStocks on Mon, 28 Jul 2008 16:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>absolute returnaccredited investorfinancial servicesHedge Fund Research Inc.hedge fundshousing sectoroiloil pricesMon, 28 Jul 2008 16:46:00 EST