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Soros Quantum Holding 75% in Cash
Posted on 7/19/11 at 9:04 am
Posted on 7/19/11 at 9:04 am
From Bloomberg:
Bloomberg
quote:
In mid-June, Anderson told his portfolio managers to pull back on trades as the hedge fund’s losses hit 6 percent for the year, according to two people familiar with the New York-based firm. As a result, the fund is about 75 percent in cash as it waits for better opportunities, said the people, who asked not to be identified because the firm is private.
Bloomberg
Posted on 7/19/11 at 11:27 am to Blakely Bimbo
Hardly surprising considering the current economic environment.
Posted on 7/19/11 at 12:39 pm to davesdawgs
quote:
Hardly surprising
You must be incredibly bored in a horror house....
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