Drukarka zer bez pokrycia to nie gospodarka
/ 78.8.87.* / 2015-12-11 15:21
Teraz fundusze niszczą inne fundusze, które się głupio wystawiły na straty, tak było wczoraj z Third Avenue,, który zmuszony był do zawieszenia zwrotu gotówki inwestorom.
Będzie takich na kopy.
The shocking fate of Third Avenue's junk bond fund, which as we reported yesterday, announced it would gate investors and proceed to liquidate over the next several months as it sought to unwind its illiquid positions at a leisurely pace "without resorting to sales at prices that would unfairly disadvantage the remaining shareholders" is made just modestly less shocking when one considers that the $789 million fund (down from $2.4 billion earlier this year) was the worst performing YTD fund tracked by Morningstar, tumbling 27% YTD, but only after placing in the top 1%-percentile in 2013.