Hedge Fund Assets 2009: $77 Billion Of Investor Money Still Frozen, Despite Year Of High Returns

First Posted: 03/23/10 06:12 AM ET Updated: 05/25/11 04:15 PM ET

Hedge Fund Frozen Assets
Hedge Funds Are Still Restricting Investors' Access To $77 Billion In Assets

bloomberg.com:

About $77 billion in hedge fund assets that were frozen during the credit crisis are still restricted, according to estimates by Credit Suisse Tremont Index LLC, even after the biggest stock-market rebound since the 1930s and a record rally in credit markets revived demand for some assets considered illiquid a year ago.

Read the whole story: bloomberg.com

FOLLOW HUFFPOST BUSINESS
Subscribe to the HuffPost Money newsletter!
About $77 billion in hedge fund assets that were frozen during the credit crisis are still restricted, according to estimates by Credit Suisse Tremont Index LLC, even after the biggest stock-market re...
About $77 billion in hedge fund assets that were frozen during the credit crisis are still restricted, according to estimates by Credit Suisse Tremont Index LLC, even after the biggest stock-market re...
Filed by Grace Kiser  | 
 
 
  • Comments
  • 1
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Recency  | 
Popularity
HUFFPOST SUPER USER
vippy
Carpe Diem!
07:14 PM on 01/21/2010
The way I see it someone needs to address all the outstanding derivatives yet and get them cleared off the books. How can the banks declare a profit with all those bad assets still floating out there, does not Goldman have like 84 billion, and the others almost as much?