Stream session: Cash is king – or is it?
Mon Oct 3, 2011
Cash presents both risk and opportunity, so ask the right questions first
When markets are unpredictable or so dangerous that money
needs to be kept safe, hedge funds turn to cash. But in the
wake of Lehman Brothers, many learned the hard way that their
cash was not as safe as they thought. The panel explored how
safe this cash really is. Heath Davies of Signet Capital
Management said that one of the biggest take-away lessons of
2008 is asking the question about the longevity of one's prime
broker and posed the question of what the new normal...
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