https://freerepublic.com/tag/marketswing/ en-us Wed, 20 Aug 2008 11:19:18 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/2064793/posts Hedge funds at a loss to cope with mood swing Patrick Hosking and Clare Harrison The hedge fund group that took a huge bet on Northern Rock as it was imploding last autumn has reportedly lost 85 per cent of its investors' money, amid evidence of a terrible spell this summer for many hedge funds. SRM, the Monaco-based group that raised $3 billion from investors in September 2006, is down by 85 per cent, according to The Wall Street Journal, including a minus 77 per cent performance in the past year. Tight lock-up terms prevent investors from withdrawing their money.... Times of London https://freerepublic.com/focus/f-news/2064793/posts#comment Wed, 20 Aug 2008 11:19:18 GMT