Category Archives: Syndicated
Mathewson hedge fund profits from ABN takeover
The Herald – Toscafund, the hedge fund that was a catalyst for the sale of ABN Amro, made £158m profit in 2007 when Royal Bank of Scotland led the disastrous £49bn acquisition of the Dutch bank. The investment firm, whose […]
Curb on hedge funds likely as EU leaders back reforms
Independent – European leaders backed major reform of hedge funds yesterday as part of structural changes to help the world’s financial institutions emerge stronger from the global economic crisis. Short-selling by the secretive hedge fund industry — selling borrowed stock […]
Soros Says Economic Crisis Signals End of a Free-Market Model
Bloomberg – Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries. Liberalization of the financial industry […]
Emerging markets set to perform well
Business24-7 – Middle East hedge fund investors expect emerging markets, the US and Asia (excluding Japan) will outperform in 2009 despite economic downturn, according to a survey conducted across the Mena region. The survey, conducted by an investment placement specialist […]
Europe pledges more funds for IMF
Boston Globe – The leaders of Germany, Britain, France, and Italy yesterday said that the resources of the International Monetary Fund should be doubled, to $500 billion, to help head off new problems in countries already hit hard by the […]
Hedge funds to survive crisis, says hedge fund exec Borges
Reuters – The hedge fund industry can survive the credit crisis despite the recent damage to the sector, the chairman of the Hedge Funds Standards Body told the CESR conference on Monday. "These people (hedge funds) will possibly prove to […]
In Texas, a king of the Asian commodities market
Seattle Times – Just a third of hedge funds with assets of more than $100 million had positive returns in 2008, according to data compiled by Bloomberg. Abraham Trading Diversified Program, a small operation in rural Texas, was up 30 […]
Out 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, on whether an experimental drug will work. […]
Brown wants more scrutiny of hedge funds
Reuters UK – Prime Minister Gordon Brown called on Thursday for greater regulation of hedge funds. Speaking in Rome after a meeting with Italian Prime Minister Silvio Berlusconi ahead of April’s G20 summit, Brown also said leaders would focus their […]
Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet
Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]