Government Goes Short On Hedge Funds
STEVIE writes that GLG has been added to the list of ‘protected’ companies.
GLG is a hedge fund.
Which makes its money shorting other companies…
GLG Alpha Select Fund aims to generate absolute returns from long and short investments, primarily in UK equity markets.
A market neutral approach aims to have a low correlation to equity markets and other long/short hedge funds.
Och-Ziff Capitalis another fund on the protected list…
The Useless Ban On Short Selling
Posted: 23rd, September 2008 | In: Money Comments (7) | TrackBack | Permalink