| 08.04.2008 Opalesque Exclusive: Horizon publishes cash management guide as in wake of rising importance of asset class |
| Kirsten Bischoff, New York: On April 6th Bloomberg reported, “Equity managers, who oversee about one-third of the $1.9 trillion in hedge funds, held an estimated $90 billion of cash in January, a hoard that dropped to $64.8 billion the next month, according to data compiled by Merrill Lynch & Co. The last time equity funds held cash outside of their trading accounts was in 2004, according to Merri |