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

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note