Israel Escapes Worst Of Hedge Fund Havoc

Oct 30 2008 | 8:35am ET

Things are ugly in the hedge fund heartland. But somewhat farther afield from New York, Greenwich, Conn., and London, things are a good deal calmer.

Israel is no major hedge fund center, with about 20 funds operating. But those funds have done a better job than their global compatriots, losing just 1.8% last month while Israeli stocks took a 12% bath.

Israeli hedge fund have seen their assets under management fall, but the decline is blamed primarily on withdrawals and difficulty raising new capital, Globes Online reports.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...