Hedge Fund Outflows

What do Richard Perry's Perry Capital, John Paulson's Paulson & Co and Dan Och's Och-Ziff Capital Management hedge funds have in common? According to a Bloomberg report, they are all bleeding cash. As noted by Bloomberg, Perry Capital's assets under management now stands at $4 billion, down...

Investors withdrew more than $25 billion last month from hedge funds at a time when many insiders are claiming the industry is "under assault." According to Bloomberg Gadfly's Christopher Langner, the mass exodus of customers out of hedge funds is not a sign that the industry is dying, but it is...