This content is from: Premium

Hedge funds, in defensive mode, stockpile cash

"Now is not the time to do a hero trade, even if that means losing the first 1% to 2% of gains."

Hedge funds have been aggressively moving into ... cash. A number of the largest U.S. firms are holding cash balances or have markedly decreased leverage in response to uncertainty about the direction of markets—which may have helped them during the extreme volatility in August. Regiment Capital Management in Boston had

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content