Investment funds preventing withdrawals - a sign of things still to come?

[#1]

Dec. 2 (Bloomberg) -- Highbridge Capital Management LLC, the $20 billion investment firm run by Glenn Dubin and Henry Swieca, is limiting client withdrawal requests to avoid selling assets at distressed prices, according to a person familiar with the matter.

[SimonPB]

ya, this been happening for a while now. Especially with smaller funds (clients probably never read the small print - or decide it would never happen to them).

[#3]

just a question, since hedge funds are theoretically able to profit from downswings in the market, are there any that actually called the bear market?

[SimonPB]

yes, some made billions by calling the sub prime crisis and shorting.

[#5]

Jim Chanos in particular...one of the few people who can disengage himself from the wall street hubris and see through the BS....his fund was up 53% in October prolly more now...

[SimonPB]

him yes. But thinking of some other chap who's name escapes me. He made a large fortune.

[Running_bull]

The hedge fund industry goes down aswell... people less adverse, and investors all want their cash in the bank, so redemptions every month. Performance wise aswell, only the strong and wise are making money, the rest (80% of them) are losing money, and since its usuall leveraged, alot of money. Theoretically, they should be fine, but it just does not happen that way.

[#8]

what is fascinating is that I have read that even the funds that are up say 40% are seeing redemptions....