Managers are being more transparent now than they were in 2008 - Business Insider

Chris Walvoord, the head of hedge fund research at Aon, said there's been "a big difference this time compared to 2008 has been funds proactively reaching out."For many hedge funds, the past couple months of market volatility is the first prolonged stretch of trouble since the 2008 housing crisis.

Nearly a quarter of managers surveyed by Preqin said their relationships with existing investors have actually improved during the pandemic. The secretive hedge fund industry isn't one to let outsiders know its secret sauce anytime soon, but — in the midst of a global pandemic that has shut down industries worldwide — investors are thankful that their managers have become more talkative.

But there has been a silver lining, the study found: nearly a quarter of managers said the pandemic has had a positive impact on their relationships with existing investors, despite hedge funds, on average, losing money this year.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The next 45 days are the ‘most critical period in U.S. financial history,’ says stock-market expert who profited in 1987 and 2008 crisesAfter recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B. Lancz. MAYBE POMPEO AND HIS FAT HEAD CAN SHAKE THE MARKET OUT NICELY ONE LAST TIME PLUNGER $SPX is going to 1500. The economy is trashed. People are in critical condition. Markets are not. Fk off
Source: MarketWatch - 🏆 3. / 97 Read more »

Chase Q1 earnings reflect crisis preparation - Business Insider - Business InsiderChase's Q1 income was largely affected by an increase in credit costs as it builds up its reserve in preparation for the effects of the coronavirus PM Modi SAID I respectfully bow to the people of India... coronavirus Covid_19 lockdown Modi
Source: BusinessInsider - 🏆 729. / 51 Read more »