{"id":8709,"date":"2008-09-26T00:00:00","date_gmt":"2008-09-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-hoard-600-billion-in-cash","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/hedge-funds-hoard-600-billion-in-cash.html","title":{"rendered":"Hedge Funds Hoard $600 Billion in Cash"},"content":{"rendered":"<p>Minyanville.com &#8211; While they&rsquo;re not deviously plotting the demise of the worlds&rsquo; most powerful financial institutions, hedge funds are loading up on another popular trade: Cash.<\/p>\n<p>According to the <em>Financial Times<\/em>, Citigroup estimates hedge funds have recently squirreled away as much as $600 billion in cash<span class=\"kLink\"><\/span>, of which $100 billion is held in money market funds -those same money market funds Washington so graciously propped up last week.<\/p>\n<p>With good risk-reward investment <a href=\"http:\/\/www.minyanville.com\/articles\/lehman-GE-citigroup-jpm-schw-money\/index\/a\/19174#\" class=\"kLink\" target=\"_top\"><\/a>opportunities in short supply, hedge funds &#8212; paid handsomely to manage risk &#8212; are relying heavily on the safety of cash to ride out recent market turmoil. It&rsquo;s telling that for those whose livelihoods depend on beating the market, the investment du jour is no investment at all.<a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.minyanville.com\/articles\/lehman-GE-citigroup-jpm-schw-money\/index\/a\/19174\"><\/a><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.minyanville.com\/articles\/lehman-GE-citigroup-jpm-schw-money\/index\/a\/19174\">Read Complete Article<\/a><\/strong><\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.minyanville.com\/articles\/lehman-GE-citigroup-jpm-schw-money\/index\/a\/19174\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minyanville.com &#8211; While they&rsquo;re not deviously plotting the demise of the worlds&rsquo; most powerful financial institutions, hedge funds are loading up on another popular trade: Cash. According to the Financial Times, Citigroup estimates hedge funds have recently squirreled away as [&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":[1476,145,1133,406,2743,2866,340,374,2848,2832],"class_list":["post-8709","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ambiguity","tag-curbs","tag-fellow-shareholders","tag-investment-funds","tag-mattia","tag-sacm","tag-savings-and-loan-crisis","tag-south-korea","tag-turnover","tag-vanguard-group"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8709","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=8709"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8709\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}