| 06.10.2009 Opalesque Exclusive: ‘Madoff effect’ that took money out of the market remains strong even as money returns - GlobeOp |
| From Kirsten Bischoff, Opalesque New York: Assets were redeemed from the hedge fund industry during late 2008 and early 2009 mainly for three reasons: investor liquidity needs, poor manager performance, and a general fear of fraud that has been coined “the Madoff effect”. After the strong performance of 2009, many funds are now seeing early signs of interest on the part of investors |