There still are a lot of worries over hedge funds, and whether a few big ones will lead to further meltdowns in various markets. Stoking fear: D.B. Zwirn & Co. news that it will shutter two hedge funds following redemption requests of more than $2 billion. The fear, of course, is that more redemptions will spark another "run" of sorts. That just might lead to forced liquidations that could really sock it to certain markets. The Financial Times notes CLOs and CPDOs.
For more:
- here's the Financial Times article
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