Hedge Funds Clipped by Downturn
Monday, December 08, 2008
Source: GlobeSt
GlobeSt reports: In many cases, the reversal of fortune suffered by individual funds dovetailed with their exposure to risky commercial real estate investment. "Hedge funds are momentum-driven, and many of them shifted gears to focus on real estate," says Dan Fasulo, managing director with Real Capital Analytics. "Let’s face it--between 2005 and 2007, real estate was the flavor of the year."
View the full article on GlobeSt: Hedge Funds Clipped by Downturn
Posted by: Nina Turner