Forbes – Steep trading losses at Vega Asset Management, a hedge fund firm, may lead some investors to withdraw money, cutting its assets to as low as 1 bln usd from a peak ofabout 12 bln, the Financial Times reported.
a Vega bet on bond prices has sparked redemptions and inquiries about withdrawals from some fund of hedge fund investors, the newspaper quoted hedge fund industry insiders assaying.
Vega spokesman Ben Mann said he expects redemptions, although it is ‘too early to speculate about these’.
