AI market round-up: US hedge fund managers gloomy

June 06, 2008

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Most US hedge fund managers are pessimistic about the US economy this year, according to a survey by Kinetic Partners.

Three-quarters believe that the Dow Jones Industrial Average will show negative returns in 2008. Eighty percent believe the US economy will be stagnant or in recession at the end of the year. Seventy hedge funds managers were polled.

Topics

Investment June 2008

Helen Avery

Contributing editor Euromoney

Helen Avery is a contributing editor. She covers social and environmental finance, and topics of diversity and ethics within the financial industry. Helen is also a director at the Green Finance Institute.