Hedge Funds Get Clipped

Schachter, Ken
October 2008
Red Herring;10/3/2008, p3
Trade Publication
The article focuses on a statement issued by The Hennessee Group that hedge funds are expected to record their worst month in more than 10 years, with average losses of 5 percent to 9 percent for September 2008. The weak performance is attributed to erratic financial markets driven by fear, restrictions by the U.S. Securities and Exchange Commission on short-selling some stocks and hedge funds' reduction in the use of margin as costs increase.


Related Articles

  • Shot Through The Heart. Terzo, Gerelyn // Investment Dealers' Digest;9/29/2008, Vol. 74 Issue 37, p8 

    The article discusses the emotional impact on the implementation of temporary ban on short selling of the financial services by the U.S. Securities & Exchange Commission and other regulatory bodies around the world to the hedge fund community. It cites the survey of 100 long and short equity...

  • Hedge Funds Still Racking Up Losses.  // Investment Dealers' Digest;11/17/2008, Vol. 74 Issue 44, p15 

    The article reports on the waning hedge funds in the U.S. It states that Hennessee Hedge Fund Index fell 5.52% percent in October 2008 and is down 15.30% in 2008. It notes that hedge funds were helped by the Securities and Exchange Commission's (SEC) decision to lift the short-selling ban....

  • Merlin Automates Form SH.  // Securities Industry News;10/20/2008, Vol. 20 Issue 36, p3 

    The article reports on the decision of New York-based Merlin Securities to automate Form SH reporting requirement to permit hedge fund customers to report their short-sale positions, in compliance with the emergency order of the U.S. Securities and Exchange Commission (SEC). It is noted that the...

  • Hedge Funds Decline After 2 Straight Gains.  // American Banker;3/11/2009, Vol. 174 Issue 47, p9 

    The article discusses declines in the performance of hedge funds. Hedge fund adviser Hennessee Group LLC reported that improvements that hedge funds displayed in January 2009 had reversed due to the economic downturn. Factors in the decline included the conversion of holdings into cash by...

  • Hedge Funds: What's the Real Story? French, Kristen // Investment Management Weekly;8/23/2004, Vol. 17 Issue 33, p4 

    Discusses the riskiness of hedge funds in the U.S. Opposition of Federal Reserve Chairman Alan Greenspan and the hedge funds industry to the Securities and Exchange Commission proposal to register hedge funds as investment advisers; Opinion of Gifford Lehman of Gifford Lehman Advisory Services...

  • SEC Keeps Short-Sale Debate Alive. Chapman, Peter // Traders Magazine;Sep2009, Vol. 22 Issue 300, p26 

    The article reports on the proposal of the Securities and Exchange Commission (SEC) to change its list of short sale price tests in the U.S. It states that SEC's proposal which was made in August 2009 received negative comments from the trading industry. SEC and the supporters of the proposal...

  • SEC Plans Roundtable on Short Selling.  // Securities Industry News;8/3/2009, Vol. 21 Issue 17, p5 

    The article reports on the efforts of the U.S. Securities and Exchange Commission to examine whether additional measures are needed to further enhance market quality and transparency, as well as address short selling abuses. The SEC plans to hold a public roundtable on September 30, 2009 to...

  • Naked Short-Sale Reform: First Do No Harm. McIntyre, Hal // Securities Industry News;9/25/2006, Vol. 18 Issue 32, p4 

    The article comments on the issue of an alleged short selling in the securities market. It is said that state officials, particularly in Utah, move to usurp the U.S. Securities and Exchange Commission's (SEC) authority and undermine the system of federal regulation that has made U.S. markets the...

  • SEC Adopts Rules Relating to Short Selling.  // Venulex Legal Summaries;2008 Q4, Special section p1 

    The article reports on the issuance by the U.S. Securities and Exchange Commission (SEC) of releases adopting rules designed to address the continuing concern with short sales in equity securities, especially abusive naked short selling. Each rule has the effect of extending requirements imposed...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics