Some people in the hedge fund industry have taken to calling Saturday, Nov. 15, D-Day--the last day for investors to make a redemption request for the year. There is some fear that a flood of such requests could force hedge funds into more panic selling. Reuters reports there is indeed a lot of "anxiety" in the industry. But a previous deadline, Sept. 30 (for funds that require 3 months notice), has already passed. And the current deadline may pass with something less than an outright explosion. Many funds have taken proactive steps, either to impose redemption moratoriums or work out alternative arrangements. In any case, all expect hedge fund assets to trend down significantly. The issue is how long this down trend will last.

For more:
- here's a Reuters article

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