Wait until first quarter, says SAC's Steve Cohen

Mon Sep 29, 2008




SAC Capital Advisors founder Steve Cohen told investors early last month that he doesn't expect the markets to rebound until the first quarter of 2009. But that hasn't stopped him from going on a hiring binge, adding 25 portfolio managers this year and leading to some worries that his infrastructure might be getting too big to support the type of market opportunities available these days.


Steve Cohen


With...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI