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Hedge funds suffer August losses
JICWyllie
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0
9-10-2007 4:56 AM
401 views
tags:
economy
,
financial markets
,
i-losses
,
i-confidence
,
i-decrease
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/71d4dc47-3ef3-4860-bb5c-432fb64f93b1/B804E623-EB84-4265-9949-68897C0D28B3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ft.com/cms/s/0/2a06b018-5ef2-11dc-837c-0000779fd2ac.html" href="http://www.ft.com/cms/s/0/2a06b018-5ef2-11dc-837c-0000779fd2ac.html" style="font-size: 11px;">www.ft.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2a06b018-5ef2-11dc-837c-0000779fd2ac.html"><P>The list of badly-hit hedge funds in August reads like a <I>Who’s Who </I>of the best-known on Wall Street, according to investors. </P><DIV id="ad-placeholder-mpusky" class="ad-placeholder ad-mpusky"></DIV><P>They include Paul Tudor Jones, philanthropist and head of Greenwich, Connecticut-based Tudor Investment Corp; his friend and former colleague Louis Bacon of Moore Capital; Bruce Kovner, super-secretive head of Caxton Associates; and Matthew Tewksbury, who bought Wall Street trader Monroe Trout’s hedge fund business and renamed it after himself.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2a06b018-5ef2-11dc-837c-0000779fd2ac.html">The falls leave many of the biggest hedge funds in the world telling investors they have lost money for the year to date, while some of those that weathered the storm</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2a06b018-5ef2-11dc-837c-0000779fd2ac.html">“There’s a big concern about the redemptions in September in the hedge fund industry,” said Arnauldt de Torquat, chief executive of Harmony Asset Management,</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B804E623-EB84-4265-9949-68897C0D28B3/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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