Hedge Fund Stock Trading in the Financial Crisis of 2007–2009 PoorSatisfactoryGoodVery GoodExcellent Be the first. (0 ratings) Log in to rate this article. CFA Digest May 2012 | Vol. 42 | No. 2 | 3 pages Source: CFA InstituteItzhak Ben-David Francesco Franzoni Rabih MoussawiVictoria J. Rati, CFA (Reviewer) Read Abstract During the 2007–09 global financial crisis, hedge funds significantly reduced their U.S. equity holdings. The authors quantify the extent of the sell-offs and study possible causes. They discover that hedge funds were forced sellers because of investor redemptions and lender margin calls and that hedge funds have particular characteristics that make them more vulnerable to sell-offs during crises. View more information Topics Alternative Investments : Hedge Funds | Behavioral Finance : Limits to Arbitrage Credits · About the CE Program 0 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits Loading ...