Category Archives: Syndicated
Another horrible day for the major markets
The Times of Trenton – Stocks prices fell sharply again yesterday, ending the Standard & Poor’s 500 Index below 1,000 for the first time since 2003 on speculation banks and real-estate companies are running short of money as the credit […]
BH Macro swings to NAV discount
Reuters – Shares in BH Macro, a listed feeder fund to the Brevan Howard global macro fund, Europe’s biggest hedge fund with assets of $20 billion, have sunk to a 13 percent discount to net asset value as a wave […]
Be wary of deregulation scapegoat
Myrtle Beach Sun News – The financial turmoil has pushed the Obama campaign into the lead, and this is mostly justified. Barack Obama is more thoughtful on the economy than his opponent, and his bench of advisers is superior. But […]
Experts differ on effect of short-selling ban
USA Today – Markets braced for Wednesday night’s scheduled expiration of the ban on short sales of more than 900 financial stocks, as investment analysts and advisers gave differing predictions on the potential impact. The emergency ban is set to […]
Hedge Fund Award Winners
Caymen Net News – Law firm Ogier has captured another coveted hedge fund industry award for its leadership in the offshore investment funds arena. The Hedge Fund Journal awarded Ogier “Offshore Law Firm of the Year 2008” by a panel […]
Rep Frank vows more financial policing
Reuters – Blaming lax regulation for what turn into the worst U.S. financial crisis since the Great Depression, Rep. Barney Frank vowed on Monday to police banks and hedge funds more actively to avoid future financial meltdowns. Frank, the powerful […]
Will Both Large And Small Hedge Funds Survive?
istockAnalyst.com – September may in fact be the cruelest month of all, at least for hedge funds – now even worse than the previous "comeuppance month" just this last July. Popular funds, such as Greenlight Capital and Maverick Capital had […]
Tyser, Horseman Show Investors Not All Hedge Funds Are Losers
Bloomberg – Harry Tyser, manager of the $100 million New Star Firefly Hedge Fund in London, was still trading while being wheeled into the operating room for kidney- stone surgery. “It’s life and death out there right now,” said Tyser, […]
Hedge Fund Finds Itself on Defense
New York Times – Kenneth C. Griffin was one of those Wall Street whiz kids. As a teenager, he traded out of his dorm room at Harvard. In his 20s, he opened his own hedge fund. In his 30s, he […]
Hedge fund firm GAM planning distressed fund
Reuters – GAM, the hedge fund firm owned by Julius Baer AG, is preparing to launch a distressed debt fund of funds after watching asset prices reach "extreme levels", a company letter seen by Reuters said. In a letter to […]
Commodities R.I.P. as Leverage Vanishes, Growth Slows
Bloomberg – Commodities markets are heading for the biggest annual decline since 2001 as investors exit leveraged bets and slowing economic growth erodes demand for raw materials. The value of the 19 commodities in the Reuters-Jefferies CRB Index fell $280.6 […]
Europe’s turmoil batters London shares
Independent – The FTSE 100 Index tumbled more than 200 points today after a weekend of financial turmoil in Europe. Investors took scant comfort from Friday’s backing of a US financial rescue to leave the FTSE 100 Index down almost […]