Merrill Goozner
Why Hedge Funds Destroy Investor Wealthhedge fund management
A hedge fund is a risky investment. It is meant for people who have the appetite for such risk. Selling it to risk-averse individuals will only cause rampant withdrawals as soon as the fund hits a downturn.Poorly Conducted Operations
That possibility has led some hedge fund managers to believe there is room for a deal. However, debt yields are still extremely high—making it clear that theirs is still a minority view. That’s also what makes the debt attractive—and why some hedge funds privately admit they are buying ...
Putting all this together, when you look at it from the viewpoint of a fund manager who bought the stock for the potential breakup, and believes a revaluation is coming after the split and thinks the GTF is the key to UTC's long-term potential, then it's understandable that they would...
But what causes me severe heartburn is that these are exactly the sort of investors Tim Geithner is trying to lure in to buy troubled assets from banks, with an extraordinary offer financed by you and me and other taxpayers: If it turns out the troubled assets are worth more than these ...
Tyler Durden
Hedge Funds and the Law Overview of the recent tumult surrounding the industry. The hedge fund industry, where it is going and likely future trends. Global initiatives on hedge funds. Voluntary codes in relation to hedge funds. Enforcement: a comparison between... Peter D. Astleford,D Frase ...
Why Top Performing Hedge Fund Went Record ShortTyler Durden
So, what is the risk to the hedge funds involved? Owning the debt of a distressed company is more advantageous than owning itsequityin case of bankruptcy. This is because debt takes precedence over equity in its claim on assets if the company is dissolved (this rule is calledabsolute priorit...