Posted November 12, 2018 07:10:15When a hedge fund loses money, investors are often left to pick up the pieces and make do with less money, at least for a time.
But as the markets fall and the world’s biggest banks find themselves in a bind, some are taking their chances with some risky investments.
The big names among those who are looking to profit from this time of trouble include hedge fund manager James Simons and his company, Simons Capital Management.
The hedge fund’s losses have forced the hedge fund to lay off workers, slash dividend payments and sell off its holdings, according to The Wall Street Journal.
The WSJ article reports that Simons has been losing money on a wide variety of investments, including those in commodities like corn, oil and wheat.
While the funds are still profitable, they’re no longer able to invest in commodities that the S&P 500 is expected to lose more than $1 trillion.
The hedge fund is one of several that has been hit hard by the global financial crisis, which has left many companies with cash piles that have been unable to meet debt obligations.
As a result, hedge funds are being forced to focus on more risky investments, such as commodities.
The S&s fund, which invests in oil and oil products, lost about $1 billion in 2017, according the Journal.
The fund has been a popular investment for investors because it allows them to gain exposure to oil prices and make money on commodities.
In addition, many hedge funds have had to pay out dividends, making them more risky.
Simons said in the WSJ report that he is trying to sell the fund.
The fund’s fund manager, Paul Coughlin, told The Wall St. Journal that he hopes Simons will eventually find another fund to invest.
The Journal says Simons declined to comment on the sale.