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Muni-bond funds face record losses Some funds down more than 30%, opening door for bargain hunters By Sam Mamudi, MarketWatch Last update: 3:32 p.m. EST Dec. 5, 2008 NEW YORK (MarketWatch) -- Investors who think municipal bond funds are a safe bet in troubled times may be in for a shock this year, with some muni funds seeing losses of more than 30%. With the stock market down more than 40% and Treasury bond yields at 50-year lows, municipal bonds can seem an attractive option. And while some managers see once-in-a-lifetime bargains in the muni market, several funds have cratered....

Hedge funds' assets off $210 billion in third quarter Poor returns spur record $31 billion redemptions, industry researcher says By Alistair Barr, MarketWatch Last update: 11:36 a.m. EDT Oct. 17, 2008 Comments: 46 SAN FRANCISCO (MarketWatch) -- Hedge funds saw a record $210 billion drop in assets under management during the third quarter as investors redeemed an unprecedented amount of money from the industry after poor performance, according to a survey released Friday. "With losses continuing through October, it appears that 2008 will be the worst year on record for both hedge-fund performance and industry asset flows," said Kenneth Heinz,...