Global stock markets by hedge funds, commodity futures industry, once the biggest crisis in 8 years

According to Bloomberg News reported on November 19, as the stock market by the global financial crisis that plunged all the way, while the international commodity futures prices are also to the economic crisis are constantly worried about falling global hedge fund industry has just spent the past eight years since its The most devastating loss of two months.

 Followed more than 2,000 global hedge funds, Eurekahedge's index of hedge funds this year, 10 months fell by 5% and 4.5%.  And so far, the index since 2008, the cumulative decline has reached 12%, which is the index since its inception in 2000 the largest decline.  According to data provided by Eurekahedge, the world's hedge funds in October this year, a total of 62,700,000,000 U.S. dollars suffered a net redemption, and as a result of global securities market in the near future to accelerate the decline in global hedge funds, the total value of the assets is also just past the shrink in October 110,000,000,000 U.S. dollars, the current 1.65 trillion.  Citibank announced this week forecast report said that as the global financial situation continues to deteriorate, the global hedge fund industry will shrink in the mid-2009 to about 1,000,000,000,000 U.S. dollars.  Mitsubishi Capital Management's head Akihiro Nishi said: "With the deteriorating situation in the market, the hedge fund industry will face a period of time in the future more large-scale redemption. And this also shows that investors do not want to in the present circumstances Too high to bear the investment risk. "

 Hedge funds in October suffered huge losses in global financial markets is only one aspect of the doldrums, in fact, the world's securities and futures markets have recently experienced in large-scale losses.  Follow-up survey of global 1700 companies listed on stock prices in the MSCI World Index in October this year, down 19%, and the investigation of commodity futures prices Reuters Jefferies CRB index in the month dropped by 22%.  According to the research firm Hedge Fund Research data, in the first half of 2008 there were 350 hedge fund liquidation, over the same period last year, an increase of 303 of the 16%.  The agency estimated that as of the end of 2009 will be the world's 700 hedge fund liquidation.  Eurekahedge in its official Web site announced by the hedge fund industry in October in Review, said: "Now, the hedge fund industry is experiencing a few years since the largest wave of redemption, and even if the current market in an excellent investment opportunity Is still only a small part of investors to choose from the standard approach at this time. "

 Hedge funds, private capital is the world's most important investment in one of the channels through the fund managers of the speculative asset price Change, the Fund in terms of bull or bear market in access to huge profits.  Eurekahedge said that the distinction between investment strategies, mainly engaged in commodity futures to hedge fund performance than other types of hedge funds.  According to Eurekahedge's data, carried out mainly Straddle trading hedge funds in October hit a total of 240 billion dollars in redemption for the loss of the most serious species of the Fund; main commodity futures based CTA followed by hedge funds, In its October suffered a total of 12,300,000,000 U.S. dollars of redemption; In addition, other varieties of hedge funds are redeemed at the scale of 10,000,000,000 U.S. dollars within.

 Eurekahedge also said that the geographical division of Japan's hedge fund industry in October this year, the best performance, and its monthly decline of 2.8 percent is far less than the Nikkei 225 index 20 percent for the month of decline.  According to Eurekahedge's analysis, as the major Japanese hedge funds to sell their stocks, the strength of the yen exchange rate to help these funds effectively reduce the loss.  In October of this year, the Japanese yen against the dollar has risen 7 percent, the highest for nearly 10 years since the largest single-month increase.  In addition, Latin American hedge fund industry in October was down 3.8 percent, followed by Japan ranked second; and other countries in Asia and North America, the hedge fund industry decline of 5.3 percent and 4.7 percent.  The index also showed that emerging markets hedge fund industry in October of the most devastating loss, or as much as 8.1 percent, while the decline in European markets also reached 7.2 percent.