{"id":8896,"date":"2008-10-20T00:00:00","date_gmt":"2008-10-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"what-makes-me-bearish-hedge-fund-sales-on-the-horizon","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/what-makes-me-bearish-hedge-fund-sales-on-the-horizon.html","title":{"rendered":"What Makes Me Bearish? Hedge Fund Sales on the Horizon"},"content":{"rendered":"<blockquote>\n<p>Seeking Alpha &#8211; Investors pulled at least $43bn from U.S. hedge funds in September as market turmoil led to unprecedented withdrawals, an analysis by a leading research house shows.<\/p>\n<p>The data from TrimTabs Investment Research &ndash; which was to be sent to clients late&nbsp;on Wednesday &ndash; come as hedge funds are working to prevent far bigger redemptions by the end of the year, when many funds give investors a chance to take out money.<\/p>\n<p>Withdrawals can lead to a vicious circle in the markets, as funds sell holdings to return money to clients, depressing prices and prompting further redemptions.<\/p>\n<p>The chief executive of a leading alternative investment manager said he expected the hedge fund industry to shrink by 50 per cent in coming months &ndash; with half the decline coming from withdrawals and half coming from investment losses.<\/p>\n<p>Conrad Gunn, chief operating officer of TrimTabs, said the $43bn in September withdrawals would mark &ldquo;the beginning of what we expect to be a series of outflows for the remainder of the year. We expect October outflows to be larger.&rdquo;<\/p>\n<p>The industry, which manages close to $2,000bn, has experienced outflows during only a handful of months previously, including a small outflow in April of this year.<\/p>\n<\/blockquote>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/seekingalpha.com\/article\/100647-what-makes-me-bearish-hedge-fund-sales-on-the-horizon\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seeking Alpha &#8211; Investors pulled at least $43bn from U.S. hedge funds in September as market turmoil led to unprecedented withdrawals, an analysis by a leading research house shows. The data from TrimTabs Investment Research &ndash; which was to be [&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":[1803,3248,1204,1133,3249,2882,2883,496,1339,243,773,821,2952],"class_list":["post-8896","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-arch-nemesis","tag-basel-miami-beach","tag-debt-financing","tag-fellow-shareholders","tag-formal-announcement","tag-girlfriend","tag-individual-hedge-fund","tag-investment-vehicles","tag-oeh","tag-percent-stake","tag-perfect-storm","tag-sec-charges","tag-women-and-minorities"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8896","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=8896"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8896\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}