Wednesday, Oct 10, 2007
Where will this money go? Some into Gold?
The FT: 'Hedge fund collapse is on the way'
Investors will withdraw $500bn (£245bn, €355bn) – a quarter of the asset base – from hedge funds in the next year, leading to the collapse of a "large number" of hedge funds.
Posted by sold 2 rent 1 @ 08:22 AM (850 views) Add Comment
5 Comments
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1. Hfghf said...
any chance of a link that isnt behind a registration wall?
Thanks.
2. Hood said...
This public link works better:
http://www.ft.com/cms/s/0/bbc9f120-7538-11dc-892d-0000779fd2ac,dwp_uuid=cc9f419c-4bb1-11da-997b-0000779e2340.html
3. M2 said...
The gold bull has a long way to go and I'm fairly confident its full extent will be something to behold in a few years from now.
But don't be surprised if gold corrects substantially with everything else in the short term. It's still a good idea to be holding some, of course, but, if you're looking to increase your holding, better buying opportunities may still lie ahead of us.
4. lvmreader said...
In the immortal of words of Bolton comedian John Kay,
Have it
5. alan said...
It looks like the commute into Canary Wharf each morning will be easier - more spaces on the train as jobs vaporise!
A couple of my fellow commuters are not pleased about this situation, as they have big mortgages to pay along with the flats they purchased as "investments". Mmmmn