Category Archives: Story Ideas
Hedge funds move in at Co-op Bank after yes vote allows them to take major stakes in the new group
The Co-operative Bank cleared the last major hurdle in its £1.5billion rescue plan on Friday as bondholders voted overwhelmingly to allow hedge funds to take major stakes in the new group. The bank was close to being taken over by […]
Lloyd’s of London Insurers Punish Hedge Funds After 2008 Losses
Bloomberg – Lloyd’s of London insurers pulled as much as half a billion pounds ($825 million) from hedge funds and private equity after investment returns at the world’s oldest insurance market fell by more than half. Catlin Group Ltd.,Brit Insurance […]
2009 Performance: Hedge Funds vs. Mutual Funds
BusinessWeek – Convertible and equity arbitrage strategies have the winning performance among hedge funds so far this year. Latin American stock funds lead the way for mutual funds. The Standard & Poor’s 500-stock index returned 15% year to date through […]
Hedge funds for the average investor
Bankrate.com – Alternative assets are a good diversification tool because they’re generally not correlated to the stock market. This means when the market goes down, alternative assets may go up or stay the same and vice versa. Large investors such […]
Hedge funds bet big on BofA (Reuters via Yahoo! UK & Ireland News)
At least 20 top hedge funds boosted their positions in financial institutions in the latest quarter in a sign that Wall Street is ready to bet on more risky sectors in the hope of longer-term rewards. Read Complete Story
