After impressive performances for many years, the returns of some high-profile multi-strategy funds by Och-Ziff Capital Management, Citadel Investments and Tudor Investments dropped in 2008. These funds were also inundated with investor redemption requests and Tudor and Citadel took the decision to limit these redemptions to protect remaining investors.
The problems for multi-strategy funds show no signs of abating in 2009.
Investor redemptions and poor returns have not been the only problems fo
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