More Hedge Funds Likely To Close

The latter half of 2008 saw investors withdrawal from hedge funds in droves, a trend that could continue to plague the industry, according to the Financial Times. Many funds posted restrictions or outright bans on withdrawals in the past month,

By None

The latter half of 2008 saw investors withdrawal from hedge funds in droves, a trend that could continue to plague the industry, according to the Financial Times.

Many funds posted restrictions or outright bans on withdrawals in the past month, but the outlook for the prime brokerage industry remain meager.

jt

«