Large investment company Fortress Investment Group Llc. It plans to roll its flagship hedge fund macro-economic focus - based on AMarkets.
The reason - the great loss of money in the markets, plus the flight of investment capital. Guru-fund trader, the legendary Michael Novogratts, leaving private foundation. This year, the value of the fund declined by 17.5%.It's September. The negative dynamics continues. According to HFR, funds with similar strategies for the same period lost 0.6% of its capital. It was founded in 2002. Today, under the rule of the fund is 1.6 billion dollars.Back in 2007, the amount of capital under management amounted to $ 8 billion.
In total, the segment of hedge funds lost about $ 80 billion in August - an absolute anti-record since October 2008. Capital hedge fund PPO of the end of the summer - it's about $ 3.05 trillion - is 0.2% less than in 2014.However, the aggregate amount of equity hedge funds increased by 100%, if you count from 2008.