The risk of one

Fund Derivatives


Market volatility has ravaged hedge fund returns in recent months. Top-tier managers such as DE Shaw and Renaissance Technologies have all experienced unusual returns volatility (see page 22), but while they and others have ridden out the storm, others have not fared so well. Halted redemptions, suspended net asset value (NAV) calculations, and outright collapses have ensued.

Bear Stearns Asset Management (BSAM) is among the high-profile fund managers to be most seriously affected. In June

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: