September 29, 2011
It appears as though financial markets are sitting under the weight of mass redemptions at hedge funds and other money managers. One of the only publicly traded hedge funds, Man Group, reported a wave of redemptions over the summer months. The firm said clients pulled out a net $2.6 billion in the three months to [...]
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July 14, 2010
Over the last week, gold stock investors have panicked because John Paulson’s hedge fund reportedly suffered some fund redemptions. Paulson gained fame and fortune by shorting the mortgage sector via CDO’s. Although there were dozens of outspoken fund managers who foresaw the mortgage debacle, Paulson was able to express his views in the most profitable [...]
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