Diamondback capital liquidating

Well, maybe it's because Hedge Funds have had a rough year just like everyone else.While there are some standout performers, the majority of funds have been on the losing side of things.Overall, the performance of hedge funds and fund of funds this year has been the most widely dispersed in six years.And, such dispersion is bound to cause redemptions.The SEC complaint, lodged in federal court in San Francisco, claims that Nagaicevs's scheme followed the same pattern on each occasion.

All statements, other than historical facts, that address activities that Diamondback assumes, plans, expects, believes, intends or anticipates (and other similar expressions) will, should or may occur in the future are forward-looking statements.The forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events.These forward-looking statements involve certain risks and uncertainties that could cause the results to differ materially from those expected by the management of Diamondback.Nouriel Roubini, respected Professor of Economics at NYU, recently predicted this and said the run on hedge funds could last up to 2 years.Why are investors running to redeem their money you might ask?

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