Category Archives: Syndicated
Capital One to Exit $150 Million in Funds, Citing Volcker Rule
Bloomberg – Capital One Financial Corp., the top performer this year in the KBW Bank Index, plans to sell or restructure hedge-fund and private-equity investments prohibited by new U.S. regulations. Capital One holds about $150 million in stakes disallowed under […]
Algorithmics launches its hedge fund reporting service in US
Banking Business Review – Algorithmics, an IBM Company and a provider of enterprise risk solutions, has said its hedge fund reporting service, Algo Risk Reports, is now available for the US market, to help hedge funds meet new demands from regulators […]
Hedge funds fear Italy, Spain default – survey
Reuters – Almost half of hedge fund managers believe Italy and Spain, two major countries at the centre of the euro zone debt crisis, are likely to default, a survey published on Tuesday showed. A majority of the managers surveyed, collectively representing […]
Secret Fed Loans Gave Banks $13 Billion
Bloomberg – The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t […]
Greece to Drop Euro in Two Years, 60% of Hedge-Fund Managers Say
Business Week – Almost two out of three hedge-fund managers predict Greece will drop the euro within two years and four in 10 say Italy and Spain will default or restructure their debts, a survey found. About 65 percent said […]
How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue
Bloomberg – Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns […]
An Avoidable Crisis
The New Yorker – The financial crisis in Europe, seemingly never-ending, has now entered a potentially disastrous phase. With interest rates on Italian and Spanish debt soaring, France looking shaky, and even Germany having trouble in the debt market, there’s […]
Hong Kong Regulators Clear Hedge Fund Founder
WSJ – Carl Huttenlocher, the former Asia head of hedge fund Highbridge Capital Management, said Monday he can now launch a vehicle planning to raise up to US$2 billion next year following the all-clear from regulators following allegations of improper […]
Ex-Highbridge’s Huttenlocher Aims for $2 Billion for Hedge Fund
Bloomberg – Carl Huttenlocher, the former Asia head of Highbridge Capital Management LLC, aims to raise as much as $2 billion for his new hedge fund that will open to outside investors on Dec. 1. The Myriad Opportunities Master Fund […]
Algorithmics brings hedge fund reporting service to US market
FinExtra – To help hedge funds meet new demands from regulators and investors, Algorithmics, an IBM Company and leading provider of enterprise risk solutions, today announced that its hedge fund reporting service is now available for the US market. The […]
Audio: Questions raised over diversification benefits of hedge funds
Hedge Funds Review – Naked Short Club discussion raises questions about whether hedge funds still provide diversification, as well as Esma’s final advice on the alternative investment fund managers (AIFM) directive. Questions about whether the hedge funds have lost their diversification […]
Threats seen to Dubai World unit $2.2 billion debt deal
Reuters – A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World DBWLD.UL, is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable […]