Dollar doldrums and LatAm debt dent confidence

ABN Amro's head of alternative investments, Gary Smith, is cautious on the outlook for hedge funds as the dollar falls and a Latin American debt crisis looms.

Smith said in the past there had been a high correlation between debt problems in emerging markets and fallout in the hedge funds industry, a reference to the collapse of LTCM following the late 1990s' emerging markets crisis.

He added that a weakening dollar was also a negative when many hedge funds were holders of US securities. 'At the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: