TITLE

Hedge Funds Get Clipped

AUTHOR(S)
Schachter, Ken
PUB. DATE
October 2008
SOURCE
Red Herring;10/3/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
36602943

 

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...

  • 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 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....

  • 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...

  • Lifting Short-Sale Restrictions.  // Traders Magazine;Jul2004, Vol. 17 Issue 228, p10 

    Reports that the U.S. Securities and Exchange Commission has agreed to implement a pilot project that will waive short-sale curbs for 1,000 Russell 3000 stocks. Possibility that the exemption could become permanent.

  • Price Test Rules Short Selling Go Under the Microscope. Chapman, Peter // Traders Magazine;Dec2006, Vol. 19 Issue 261, p58 

    The article focuses on the rigid evaluation made by the Security and Exchange Commission of the short selling rules in the U.S. The Commission had earlier abolished short selling, stating that it caused the downfall of the country's stock market in 1938. However, the Commission revived its...

  • SEC Under the Uptick Gun. Chapman, Peter // Traders Magazine;Dec2009, Vol. 22 Issue 303, p36 

    The article focuses on the reinstatement issue of the Securities and Exchange Commission's (SEC) Rule 10A-1 in the U.S. Senator Ted Kaufman has proposed a bill that will require the SEC to revision its Rule 10A-1. In addition, several legislators have suspected that stock market is the result of...

  • SEC Floats Short selling regs.  // Accounting Technology;Jan/Feb2007 Supplement, Vol. 23, p7 

    The article reports on the unanimous vote of the Securities and Exchange Commission to propose a pair of measures dealing with the regulation of short selling in the U.S. This new law would prohibit short sales entirely during a five-day period ahead of a secondary offering when the short...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics