Hedge Funds: Defensive In Tone, Aggressive In Strategy
Wall Street Journal Blogs – In an effort to forestall more redemptions and panic, hedge-fund managers preached “strong stomachs” and washed their hands of responsibility for losses in the latest round...
View ArticleScholes Among Losers as Hedge Funds Slump in October
Bloomberg – Hedge funds run by Jeffrey Gendell and John Burbank III posted their worst monthly losses in October. Peter Thiel gave back gains made earlier in the year. Nobel-prize winner Myron Scholes...
View ArticleTontine to Shut Down Two Hedge Funds
New York (HedgeCo.Net) – Two hedge funds run by famed portfolio manager Jeffrey Gendell are being closed because of heavy losses suffered this year. Both Tontine Partners LP and Tontine Capital...
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