Hedge Fund Members May Now Hedge Their Bets


V

Veracity Jones

www.basherbusters.co.uk

According to CNN, wealthy hedge fund members no longer trust their own
wealth- amassing vehicle. With allegations of hedge fund fraud on the
rise, a newly- formed insurance firm, Protean Investment Risks is now
offering insurance to wealthy individuals and institutions to protect
their portfolios from any misrepresentation of assets, theft or other
type of fraud by hedge-fund employees or directors.

This must be very reassuring to these ridiculously wealthy traders.
But it does not address the most fundamentally flawed aspects of hedge
funds. It is not generally their members they take to the proverbial
cleaners with their shadow markets, questionable short sales, their
pumping, and their bashing. It is the individual investor, the one who
has no insider knowledge, no paid operatives, no way to see the
blindside coming, who remains unprotected, while the hedge funds
continue unregulated, and free to impose their will upon the market.

Veracity Jones
 
Ad

Advertisements

J

Jonathan Bryce

Veracity said:
www.basherbusters.co.uk

According to CNN, wealthy hedge fund members no longer trust their own
wealth- amassing vehicle. With allegations of hedge fund fraud on the
rise, a newly- formed insurance firm, Protean Investment Risks is now
offering insurance to wealthy individuals and institutions to protect
their portfolios from any misrepresentation of assets, theft or other
type of fraud by hedge-fund employees or directors.

This must be very reassuring to these ridiculously wealthy traders.
But it does not address the most fundamentally flawed aspects of hedge
funds. It is not generally their members they take to the proverbial
cleaners with their shadow markets, questionable short sales, their
pumping, and their bashing. It is the individual investor, the one who
has no insider knowledge, no paid operatives, no way to see the
blindside coming, who remains unprotected, while the hedge funds
continue unregulated, and free to impose their will upon the market.
Who is this insurance company, and are they going to have enough assets to
pay off the claims?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

UK Hedge accounting 0
Hedge-funds books 3
Q] Hedge Fund 0
Bank or hedge fund? 9
Value of Hedge Funds 6
invest in hedge fund in IRA 3
Hedging stock fund investments 5
Jobs in the Hedge Fund industry 1

Top