Bear Stearns shutters asset-backed fund

Fri Jan 11, 2008

Bear Stearns Asset Management is closing a hedge fund that invested in asset-backed securities after that fund suffered steep losses.

It is the third fund in the past year that Bear Stearns has liquidated following similar declines. In June, Bear announced it was shuttering...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI