Some Europe Hedge Funds On Brink Of Disaster

Posted: January 27, 2008 at 7:38 am

Up to 10 European hedge funds have suspended redemptions after investors clamoured for their cash when the managers made severe losses according to The Times of London.

The paper reports that "experts warned that the problems among hedge funds were likely to cause more disruption in the markets, especially if many are forced to liquidate positions."

Douglas A. McIntyre

Read more: Banking
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