Analysis

A big fund just blew up, rattling markets. What does that mean for your money?

A huge, overleveraged investment fund was forced to sell big blocks of shares on Friday, causing waves in markets – and some painful losses for some investment banks. John Stepek explains what's going on and what it means for your money.

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by: John Stepek

29 Mar 2021

Bill Hwang of Archegos: forced to sell more than $20bn-worth of shares on Friday

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A big fund just blew up, rattling markets. What does that mean for your money?

A huge, overleveraged investment fund was forced to sell big blocks of shares on Friday, causing waves in markets – and some painful losses for some investment banks. John Stepek explains what's going on and what it means for your money.

Free, fast, fair

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A big fund just blew up, rattling markets. What does that mean for your money?

A huge, overleveraged investment fund was forced to sell big blocks of shares on Friday, causing waves in markets – and some painful losses for some investment banks. John Stepek explains what's going on and what it means for your money.

Free, fast, fair

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