(Bloomberg) The fallout from hedge funds’ roughest stretch since the financial crisis is seeping into the world’s investment haven. Caribbean-domiciled investors, considered a proxy for hedge funds and other leveraged accounts, dumped Treasuries by the yacht-load in April, offloading a record $44 billion, or 12 percent of their holdings, according to a Wells Fargo Securities LLC analysis of the latest U.S. Treasury Department data.
Hedge Funds’ Misery Exposed as Caribbean Proxies Dump Treasuries
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