{"id":9899,"date":"2009-02-17T00:00:00","date_gmt":"2009-02-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-assets-set-to-drop-192-billion-by-march-ubs-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/hedge-fund-assets-set-to-drop-192-billion-by-march-ubs-says.html","title":{"rendered":"Hedge-Fund Assets Set to Drop $192 Billion by March, UBS Says"},"content":{"rendered":"<p>Bloomberg &#8211; Hedge-fund assets will likely drop by about $192 billion this quarter after the industry posted record losses in 2008, according to estimates by UBS AG.             <\/p>\n<p>Global assets will likely fall to $1.215 trillion in the first quarter, said Timothy Bell, London-based head of hedge- funds advisory at UBS&rsquo;s wealth management unit. Hedge-fund investors withdrew a record $152 billion in the fourth quarter, pushing industry assets to $1.407 trillion at the end of 2008, according to Hedge Fund Research Inc.     <\/p>\n<p>&ldquo;That trend is going to keep going certainly till the end of this first quarter,&rdquo; Bell told reporters in Singapore today. &ldquo;Trust will be reestablished by mid-year, provided the hedge fund industry does what it&rsquo;s meant to do; January was a shining example of the lack of correlation.&rdquo;     <\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601213&#038;sid=ac9hqs48KPmg&#038;refer=home\" target=\"_blank\" title=\"Read Complete Article\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Hedge-fund assets will likely drop by about $192 billion this quarter after the industry posted record losses in 2008, according to estimates by UBS AG. Global assets will likely fall to $1.215 trillion in the first quarter, said [&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":[7662,7661,2381,4589,276,5463,1543,7565,3364,5736,4654,1129,7566,236,422,105,4740],"class_list":["post-9899","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-7662","tag-correlation","tag-estimates","tag-first-quarter","tag-fourth-quarter","tag-fund-investors","tag-fund-assets","tag-global-assets","tag-london","tag-management-unit","tag-record-losses","tag-singapore","tag-timothy-bell","tag-trillion","tag-ubs","tag-ubs-ag","tag-wealth-management"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9899","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=9899"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9899\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}