Hedge Fund fireworks show!

[bribieman]

With the Hedge Funds Fiscal year ending 31st Oct and the redemtion date to these funds starting on the 15th November. We could have front seats to a Big Show in the next 2 weeks????

Wonder How many US citizens will apply for redemtions?????? Not many one would think

Bribieman

 

[kransky]

what are these redemptions your talk about??

 

[BentRod]

Kransky,
Redemptions are when the customers of hedge funds request 'out'.

Obviously this induces selling from the hedge funds, check out that last 15 minutes on DJI last night for an example of what could be HF's dumping into strength.

 

[chops_a_must]

With the Hedge Funds Fiscal year ending 31st Oct and the redemtion date to these funds starting on the 15th November. We could have front seats to a Big Show in the next 2 weeks????

Wonder How many US citizens will apply for redemtions?????? Not many one would think

Bribieman

What? The last few weeks haven't already been fireworks as the hedge funds get out?

Been going on for weeks now.

 

[BentRod]

What? The last few weeks haven't already been fireworks as the hedge funds get out?

The primary reason for all the volatility IMO.

 

[Naked shorts]

With the Hedge Funds Fiscal year ending 31st Oct and the redemtion date to these funds starting on the 15th November. We could have front seats to a Big Show in the next 2 weeks????

Wonder How many US citizens will apply for redemtions?????? Not many one would think

Bribieman

US citizens? are these dates only for US hedge funds?

What are the dates like for the Australian funds?

 

[Glen48]

Do hedge funds include CDS's? I thought they were suppose to settle about 21/23/10

 

[chops_a_must]

The primary reason for all the volatility IMO.

Indeed. Hence my post.

And why any drying up of volume is probably a good thing for here on.

 

[julius]

Forget about clients wanting redemptions...

Most fund managers earn fee's relative to an equity 'high-water mark'.

Once the fiscal year ends they will be closing doors by the dozen.