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ARTICLE · 14 OCTOBER 1998

Hedge Funds Under The Spotlight

United KingdomWealth Management
Release Date: 14 October 1998

Hedge Fund Association Chairman Dion Friedland will address the Shorex '98 International Money Show in London on Wednesday 21 October 1998 and lead a one-day series of talks by prominent hedge fund managers to examine the current state of the hedge fund market. This comes in the aftermath of LTCM's near collapse and widespread calls for tougher regulations.

Are all hedge funds inherently risky? How much do they differ from one another? And how far are they to blame for current chaos in the financial markets? These, as well as the prospects for the future, are the issues that Shorex '98 and the Hedge Fund Association will address.

It is estimated that there are 3000-5000 hedge funds world-wide, with between 250 and 400 billion dollars of assets under management. Shorex '98 will examine in detail the myth and mystery attached to the industry playing a vital role in how modern economies function.

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