Hedge fund manager PMA sees capacity at $4 billion
Reuters – Hedge fund manager PMA has the capacity to manage as much as $4 billion without curtailing returns given current market opportunities in Asia, its chief executive said in an interview. The...
View ArticleHedge Funds Hit An All Time Low – HFR Report
West Palm Beach (HedgeCo.net) – New investments in hedge funds for the first six months of 2008 was below $30 billion, according to Hedge Fund Research, way below the $118 billion raised for the same...
View ArticleHedge Funds Raise Cash To Repay, Not Reinvest
Seeking Alpha – Some analysts say a big-picture trend presently unfolding involves hedge funds and other players unwinding bets on commodities/foreign currencies and plowing the proceeds into U.S....
View ArticleHedge funds suffer mass redemptions
Independent – Hedge funds could have an unprecedented level of cash pulled out by investors this quarter, according to insiders, just as they faced millions of pounds of losses from last week’s shock...
View ArticleDesjardins pulls funds amid market plunge
Globe and Mail – Desjardins Group is winding down hedge fund-linked products, as Canada’s largest financial co-operative joins life insurers in dealing with problems in guaranteed investments that have...
View ArticleGoldman may be set to post first quarterly loss
Reuters – Goldman Sachs could post its first ever quarterly loss as a public company in December, as market turmoil weighs on revenue for investment banking businesses and forces asset writedowns. One...
View ArticleQuadrangle Group closing media-focused hedge fund
Reuters – Quadrangle Equity Investors, a hedge fund that concentrates on media and communications stocks, will wind down its business after losses and investor redemptions, according to people familiar...
View ArticleShariah energy fund sees scope to reach $500 mln
Reuters Dubai – The outlook for investments in the oil and gas industry remains healthy as demand growth from emerging economies is expected to recover, a co-manager of a shariah compliant oil and gas...
View ArticleHedge funds find silver lining in crisis
Norwalk Advocate – Crisis can create opportunity, and for the smart hedge fund operator, the downturn gripping the global investment community is a chance to build a respected reputation in the...
View ArticleWhat 2009 holds for smaller resource stocks
Investors Chronicle – 2008 witnessed a boom and bust of monumental proportions in the junior mining and oil and gas sectors. From being among the London market’s strongest performers, driven by record...
View ArticleWall Street slips on earnings risks
The Australian – US stocks fell as another drop in oil prices and a warning from Toyota Motor underscored the unsparing nature of the slowdown. Toyota forecast an operating loss for the current year,...
View ArticleFed, ECB prepare to tackle deflation head-on
Reuters – Officials from the Federal Reserve and the European Central Bank on Sunday vowed to fight the damaging effects of deflation as the global economy suffers a deep and lengthy recession. In just...
View ArticleShort-sellers are back with sharpened tools
WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping...
View ArticleSurvey Finds More Job Cuts to Come
Street.Com – The NABE survey of 105 forecasters was taken Dec. 17 through Jan. 8. In the survey, 52% said they expected gross domestic product to fall by more than 1% this year. GDP measures the value...
View ArticleEx-Citadel Manager Returns 18% With Atom Japan Fund
Bloomberg - Atsuko Tsuchiya, the Japanese hedge- fund adviser who left Merrill Lynch & Co. to found her own firm, led Atom Japan Equity Fund to an 18 percent return in 2008, beating rivals who...
View ArticleHedge Funds Could Be Forced To Register With SEC Under New Bill
All Headline News – Hedge funds will require registering under a new proposal to regulate the market segment that lost $600 billion in 2008 due to financial crisis, an all time record. Under the bill...
View ArticleBonds Slump in January, Hedge Funds Buy Gold
Gold Seek – This January was one of the worst on record for financial markets. US Treasuries crashed after enjoying a recession-beating run in 2008. Gold and silver were the only major asset class to...
View ArticleDownturn spurs some foundations to give more
Boston Globe – At a time when most foundations are cutting back or maintaining last year’s spending, a few are doing what hedge fund manager Ken Nickerson of the Eos Foundation calls "counter-cyclical...
View ArticleCost of protecting Japan govt debt hits record high
Forbes – The cost of protecting Japanese government debt against default has risen sharply as political uncertainty and worries about the nation’s fiscal position grew after data this week highlighted...
View ArticleOut With Hedge Funds, In With Blue Bloods
Xconomy – Vertex Pharmaceuticals has been around the block with biotech hedge funds. These are the people who aim to get rich trading volatile stocks second-to-second, and make big bets, long or short,...
View ArticleVirgin America CEO sees good times ahead
San Francisco Chronicle – Virgin America could not have picked a worse time to launch an airline, on the eve of gravity-defying fuel prices and a cruel recession. The financial numbers are still red...
View ArticleConnecticut’s “Rodeo Drive” Abandoned as Hedge Funds Collapse
Bloomberg – Finding a parking spot for your Mercedes or BMW on Greenwich Avenue, the main shopping strip of the U.S. hedge-fund capital, used to be a challenge. Not anymore. With the recession...
View ArticleHarper wins anti-protectionism commitment
Vancouver Sun – Prime Minister Stephen Harper won a key commitment for Canada at the G20 summit, getting world leaders to agree to extend for 12 months a pledge not to raise new trade barriers. “The...
View ArticleEuro Weakens as Trichet Fails to Assuage Concern ECB Is Split
Bloomberg – The euro fell to a one-month low against the dollar after European Central Bank President Jean- Claude Trichet’s pledge to boost confidence failed to assuage concern the bank’s policy...
View ArticleMan utilizes collection as economic ‘hedge fund’
Times Online – While many lose sleep over each twist and turn of today’s economy, New Jersey collector Ralph DeLuca has found a hedge against the recession in the musty memorabilia of Hollywood’s past....
View ArticleHedge fund manager Singer wants limits on leverage
Forbes – Aggressive government action can hurt the market, but regulators should clamp down on excessive borrowing by banks and investors to prevent another credit crisis, veteran hedge fund manager...
View ArticleHedge fund manager Singer wants limits on leverage
Alibaba News Channel – Aggressive government action can hurt the market, but regulators should clamp down on leverage among banks and investors to prevent another credit crisis, veteran hedge fund...
View ArticleHedge funds worried Obama moves could backfire
Reuters UK – U.S. government efforts to revive a sluggish economy have cheered markets since March, but some of the most successful investors around worry these moves may only make the bad times...
View ArticleStock futures flat ahead of retail, jobless data
Reuters – Wall Street was set to open flat on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy. * Investors will watch...
View ArticleTraditional art fetching good prices in recession
Reuters – Traditional works of fine art are fetching good prices despite the recession as buyers seek security and quality, industry insiders said this week at the Art Basel show. Film star Brad Pitt...
View ArticleLondon’s Hedge Fund Alley Tenants Face a Doubling in Tax Rates
Bloomberg – Hedge funds and other tenants in London’s Mayfair and St. James’s district, the world’s second- most expensive business location, face a doubling in property taxes in the next five years,...
View ArticleANALYSIS – Wall Street girds to pay more for commods talent
Reuters India – Wall Street, where hundreds of commodity traders lost jobs last year as the recession set in, is on a new hiring phase where banks and hedge funds want to pay top dollar but only to a...
View ArticleGold Gains as Economy Outlook Boosts Demand for Inflation Hedge
Bloomberg – Gold climbed in Asian trading as equity gains and an improving economic outlook boosted demand for the metal as a hedge against accelerating prices. The MSCI Asia Pacific Index of equities...
View ArticleBernanke on TV defends aggressive actions
Taping a "Bernanke on the Record" special that will air on PBS this week, the top U.S. monetary policy-maker defended the aggressive, even unorthodox actions taken by the Fed during the long recession...
View ArticleSFO to investigate banks over mis-selling of complex products
Citywire.co.uk – The Serious Fraud Office (SFO) is to probe UK banks for evidence that complex financial products were mis-sold to consumers before the recession hit. SFO director Richard Alderman...
View ArticleGold ETFs: Hedge funds propel SPDR Gold Trust
Commodity Online – Gold prices had an excellent run last week, led by the extensive fall in the US dollar and strong rally in the equity markets. The rise in crude oil prices also resulted in lifting...
View ArticleGold Falls Hard vs. Dollar as Stocks & Commodities Sink, Faces “Definite...
BullionVault – The Gold Price fell sharply against a strong US Dollar on Monday morning, falling through what one Asian dealer called "technical and psychological support at $942" to record the lowest...
View ArticleInvestors eye top startups as IPO market awakens
Reuters – Investors, encouraged by a growing number of acquisitions and public floats in the past few months, are keeping a close eye on a coterie of promising startups in Silicon Valley. An informal...
View ArticleInvestors eye top startups as IPO market awakens
Reuters – Investors, encouraged by a growing number of acquisitions and public floats in the past few months, are keeping a close eye on a coterie of promising startups in Silicon Valley. An informal...
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