Hedge Funds or Banks?
Recently some investors have been asking themselves which is more risky, hedge funds or banks? While hedge funds are sometimes define using the works "risky" and "highly leveraged" many are now making sure their prime brokerage business partners have enough cash on hand to do their job.
“It is quite paradoxical,” said Angelos Metaxa, a director of CM Advisors, a $3bn [€2.05bn] Geneva-based fund of hedge funds. “In August, everyone was worried about a hedge fund blowing up, but now they are worried about a bank blowing up and taking a few hedge funds with it.”
Here is the full article on this.
“It is quite paradoxical,” said Angelos Metaxa, a director of CM Advisors, a $3bn [€2.05bn] Geneva-based fund of hedge funds. “In August, everyone was worried about a hedge fund blowing up, but now they are worried about a bank blowing up and taking a few hedge funds with it.”
Here is the full article on this.
- Richard
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Permanent Link: Banks More Risky Than Hedge Funds?
Related Terms: Banks More Risky Than Hedge Funds, Hedge Fund Risks, Bank Risks, Hedge Fund Default Risks, Prime Brokerage Insurance, Cash Services for Hedge Funds
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