Hedge Funds Rolling Along

Posted by Bull Bear Trader | 3/30/2008 10:43:00 AM | | 0 comments »

DealBook at the NY Times is reporting that despite news of problems with hedge funds, the industry publication Absolute Return is suggesting a slow pace for fund shutdowns. The data could nonetheless be skewed given that Absolute Return does not include hedge funds with less than $25 million in assets under management. Of course, when you have a few Amaranth Advisors going down (in 2006) with $9 billion assets under management at its peak, it tends to skew the data as well.