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Hedgies spread the doom for a good cause

Submitted by admin on Tue, 10/12/2010 - 09:18

ONCE more, the hedge fund community unites for a good cause – this time not by shelling out enormous sums of money while being wined and dined at a charity gala dinner, a la Arki Busson, but by writing a book designed as a warning to policymakers all over the globe.

Economic storm continuing, say hedge fund managers

Submitted by admin on Tue, 10/12/2010 - 08:00

The global economic outlook is gloomy and will stay that way for another two to three years, according to hedge fund manager Lee Robinson.

Robinson, a director at London-based Trafalgar Asset Managers which produced positive returns in 2008, said policymakers were repeating historical errors in the decision-making aimed at resolving the financial crisis.