{"id":8686,"date":"2008-09-24T00:00:00","date_gmt":"2008-09-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"wild-markets-bring-turmoil-to-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/wild-markets-bring-turmoil-to-hedge-funds.html","title":{"rendered":"Wild markets bring turmoil to hedge funds"},"content":{"rendered":"<p>Boston Globe &#8211; Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not survive.<\/p>\n<p>Even before the Bush administration proposed its vast bailout for financial institutions, the hedge funds &#8211; those secretive, sometimes volatile investment vehicles for the rich &#8211; were on course for their worst year on record. The average fund is down nearly 5 percent so far this year.<\/p>\n<p>One major hedge fund investor said he had started to buy Morgan Stanley at $23 on Wednesday, convinced the rumors of Morgan Stanley&#8217;s demise were unfounded. But as the stock began to plummet, he canceled his trade and watched with amazement as the stock sank to a low of $12 on Thursday.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.boston.com\/business\/markets\/articles\/2008\/09\/22\/wild_markets_bring_turmoil_to_hedge_funds?p1=Well_MostPop_Emailed5\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston Globe &#8211; Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not survive. Even before the Bush administration proposed [&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":[1476,646,407,2354,1301,640,1320,83,340,353,47,201,2770],"class_list":["post-8686","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ambiguity","tag-arthur-sulzberger","tag-distribution-partner","tag-fame","tag-financial-institutions","tag-fraud-insurance","tag-globe-russia","tag-medallion","tag-savings-and-loan-crisis","tag-stocks","tag-third-party","tag-tough-times","tag-watchful-eye"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8686","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=8686"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8686\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}