Opalesque Exclusive: In Australia, 8 FoHFs hurt by cash woes, put on hold by S&P, some suspend redemptions
According to Sydney-based Hatfield Liptak Advisors’ November newsletter, eight fund of hedge fund products have been hit by liquidity concerns due to a quadruple whammy of increased redemptions; decreased investor inflows; reduced or nil income from investment performances; and higher cash collateral required for currency hedging.
The funds hurt include two Select Gottex Market Neutral Funds, three Goldman...
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