{"id":8647,"date":"2008-09-19T00:00:00","date_gmt":"2008-09-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"more-global-hedge-funds-calling-it-quits-in-2008","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/more-global-hedge-funds-calling-it-quits-in-2008.html","title":{"rendered":"More global hedge funds calling it quits in 2008"},"content":{"rendered":"<p>Reuters &#8211; More hedge funds have called it quits worldwide in the first half of 2008 than a year ago, as tumbling markets and finicky investors take a heavy toll on the $1.9 trillion industry, new data show.       <\/p>\n<p> Liquidations rose by 15 percent during the first six months of 2008 when 350 funds closed their doors compared with 303 a year earlier, according to numbers released by Hedge Fund Research (HFR) on Thursday.<\/p>\n<p> &quot;This year, the industry will likely see more funds shut down than start up,&quot; said Phil Duff, who runs Duff Capital Advisors.<\/p>\n<p> In the first eight months of the year, hedge funds lost an average 4.83 percent, making for the worst returns in a decade.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/marketsNews\/idUSN1848396120080918\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; More hedge funds have called it quits worldwide in the first half of 2008 than a year ago, as tumbling markets and finicky investors take a heavy toll on the $1.9 trillion industry, new data show. Liquidations rose [&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":[571,816,2227,276,797,117,723,83,48,2464,1000,1240,699],"class_list":["post-8647","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-cash-flow","tag-composite-index","tag-debtwire","tag-fourth-quarter","tag-fraud","tag-investment-arm","tag-mapeley","tag-medallion","tag-money","tag-scarcity","tag-three-quarters","tag-treasury-yields","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8647","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=8647"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8647\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}