{"id":6676,"date":"2007-10-16T00:00:00","date_gmt":"2007-10-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"funds-of-hedge-funds-see-opportunities-in-turbulence","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2007\/funds-of-hedge-funds-see-opportunities-in-turbulence.html","title":{"rendered":"Funds of hedge funds see opportunities in turbulence"},"content":{"rendered":"<div class=\"feedflare\">  Reuters- Market turbulence has created windows of opportunity for managers of funds of hedge funds eager to scavenge profits from ongoing volatility even while they are wary of an economic  downturn, a Reuters poll showed.  <\/p>\n<p>    The quarterly survey of 12 such managers in the U.S. and Europe showed that six still see event-driven strategies as delivering the best returns in the final three months of the year, and first    quarter of 2008.  <\/p>\n<p>    The same strategy, which aims to take advantage of companies involved in takeovers, mergers or bankruptcies, was favoured in the last poll.  <\/p>\n<p>    Yet the survey of managers, who together control $141 billion (70 billion pounds) in assets, highlighted a shift away from pure takeover activity, seen as one of the main drivers of profits in    July&#8217;s poll.  <\/p>\n<p>    That has coincided with a sharp drop-off in mergers and acquisitions activity since the global credit crunch took hold in August and brought money markets nearly to a standstill.  <\/p>\n<p>    Special situations, such as company restructurings, as well as more defensive strategies such as fixed income and global macro economic managers are coming increasingly into focus, the poll,    conducted October 1-11, found.  <\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/168819778\" width=\"1\" border=\"0\"><br \/><a href=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/168819778\/idUKNOA22770520071012\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Market turbulence has created windows of opportunity for managers of funds of hedge funds eager to scavenge profits from ongoing volatility even while they are wary of an economic downturn, a Reuters poll showed. The quarterly survey of 12 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6676","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6676"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6676\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}