Any good hedge funds about?

the_commander

I want to get involved in buying some shares. Can anyone advise of any good hedge funds? If indeed they are a good idea at the moment.

I was looking at a capital protected fund until the good people of this forum set me straight, so I am keen to find an alternative. I know !!!!!! all about stocks and shares so want a fund to look out for me.

Also what sort of fees should I find acceptable?

Thanks

sh856531

Hi there,

I'm absolutely no financial expert but I've been reading a lot, particularly in the NY Times and Washington Post that investors are becoming very concerned that hedgefunds are in even more trouble than the banks. A typical article would be:

http://www.reuters.com/article/hedgeFundsNews/idUSLNE49N02620081024

I think the reason that people are so spooked is because hedge funds often rely on borrowing vast sums of money to make more money and the chances of that continuing in the way it has for the past few years are next to zero.

Have you considered just making regular contributions into an index tracker. Personally I've going to wait for a few months until I feel that the market has likely hit the bottom and then try and buy in cheap. The thing is if the coming recession really is going to be the worst financial disaster in human history as many people are now predicting, I'm not sure how long the market will take to go back up. Apparently during the great depression it took like 15 - 20 years to get back to where it was...

Sorry, went off on a tangent there. My two pence, for what its worth is that you should be very careful on the hedgefund front. If reuters is correct, do you really want to take a 1 in 3 chance of your fund going under?

Best Regards

Simon

the_commander

Oh, interesting information there Simon, thanks for that. I may be keen on an index tracker, again open to suggestions/opinions.

wombat42_2

the_commander wrote: »

Oh, interesting information there Simon, thanks for that. I may be keen on an index tracker, again open to suggestions/opinions.

Hugh Hendrys Eclectics Hedge Fund is about the only one making money. It made a fortune shorting Iceland and now he is shorting Eastern Europe.

An alternative is Blackrock Absolute Alpha and Cazenove Absolute fund which combine long and short stock market investmnets.

meester

wombat42 wrote: »

Hugh Hendrys Eclectics Hedge Fund is about the only one making money.

How would you know?

An alternative is Blackrock Absolute Alpha and Cazenove Absolute fund which combine long and short stock market investmnets.

BlackRock is down 7% in 3 months. Perhaps not enough on the short side....

Considering they'll be lucky to make 10% PA it's not too impressive.

sh856531

Considering they'll be lucky to make 10% PA it's not too impressive.

Dude - I'd definately settle for 10% growth!

My pension is currently down 29% and probably hasn't hit bottom yet. I think most people understand that the stockmarket isn't nearly at bottom yet despite having already lost say 40%.

With those things in mind, if there were a fund that could gaurantee 10% growth for me with no insolvency risk, I'd sign up right now!

:-)

meester

sh856531 wrote: »

Dude - I'd definately settle for 10% growth!

My pension is currently down 29% and probably hasn't hit bottom yet. I think most people understand that the stockmarket isn't nearly at bottom yet despite having already lost say 40%.

With those things in mind, if there were a fund that could gaurantee 10% growth for me with no insolvency risk, I'd sign up right now!

:-)

They can't.

I mean they'll be lucky to make 10% in their best year, so those losses look painful. At least a straight equity fund could rise by 30% in a year.

purch

Can anyone advise of any good hedge funds?

Do you have any idea what a Hedge Fund is ????

the_commander

purch wrote: »

Do you have any idea what a Hedge Fund is ????

I do now, thanks.

ad44downey

the_commander wrote: »

I want to get involved in buying some shares. Can anyone advise of any good hedge funds? If indeed they are a good idea at the moment.

I was looking at a capital protected fund until the good people of this forum set me straight, so I am keen to find an alternative. I know !!!!!! all about stocks and shares so want a fund to look out for me.

Also what sort of fees should I find acceptable?

Thanks

most hedge funds are going to go bust so I'd leave well alone