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Industry Shakeout Clips Hedge Funds

It's a fund-eat-fund world as companies mature, face crunch

By Rob Quinn, Newser Staff

Posted Jun 17, 2008 3:22 AM CDT

(Newser) – A massive shakeout is transforming the world of hedge funds, the Wall Street Journal reports. Tougher market conditions mean smaller funds are merging or closing their doors, and new ones are facing difficulty getting started. The business, which mushroomed from a few hundred firms to... Read full story »

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Industry Shakeout Clips Hedge Funds

It's a fund-eat-fund world as companies mature, face crunch

asset management • capital • financial markets • hedge fund • investment • capital markets

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More Newser Stories

Florida 'Mini-Madoff' Missing With $350M

Police searching for fund manager after clients complain of missing millions

Dow and Dirty: Investor Pushes Porn Hedge Fund

AdultVest, claiming 50% growth, sinks money into porn for iPod, among other things

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2008 finishes as the worst year for the Dow since 1931

Conn. Firm Collected $500M From Madoff's Marks

Fairfield Greenwich didn't deliver promised oversight to clients

Firms Wary of Treasury's Stalled Toxic-Asset Bailout

As Treasury shifts gears from assets to equity stakes, firms shy away

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