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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)