Guardian Unlimited- America’s credit squeeze has prompted the demise of $3bn hedge fund Sowood Capital after it lost half its value in a month through disastrous bets on debt-related instruments. Sowood, backed by Harvard University’s endowment arm, told investors its […]

Bloomberg- Japan’s government bonds rose as reports of increasing losses at hedge funds globally spurred demand for the relative safety of government debt. Ten-year bonds gained for a second day, pushing yields to the lowest in nine weeks. Emerging-market and […]

MSNBC-  Private equity, hedge fund and real estate executives warned senators on Tuesday that raising taxes on their firms would harm a wide range of companies that benefit from their investments, including developers in poor urban areas. Congress is debating […]

It’s fun to jump on the bandwagon and slam hedge funds. Blow-ups, writedowns, meltdowns and financial catastrophe are the words of the day with regard to hedge funds. I thought we would separate the wheat from the chaff this month […]

New Zealand Herald- Giant US hedge funds are dumping the New Zealand dollar in the foreign exchange market on expectations that its recent plunge has further to run. Since US sub-prime mortgage and credit market woes spilled over into the […]

Wall Street Journal- Some prominent Democrats are beginning to rethink proposed tax increases on hedge-fund and private-equity managers’ earnings, after an aggressive pushback by industry lobbyists and arguments that the impact could extend far beyond Wall Street. The shift may […]

HMV holds the unenviable record of being the most shorted stock ever, with a staggering 30 per cent of the struggling music retailer’s shares in the hands of hedge funds betting on its share price falling even more, according to […]

Marketwatch – Professional money managers and hedge funds have ramped up short positions in a popular exchange-traded fund tracking the financial-services sector as investors grow increasingly concerned about credit quality, interest rates and slowing corporate profits. Those moves looked prescient […]

Financial News Online US- Two more of the world’s best performing hedge fund managers have reopened their funds for the first time in years as the industry switches fromgenerating high returns to gathering assets. Tudor Investment Corporation, with net returns […]

Dow Jones- After years of solid gains, the number of new federally-registered investment advisors rose just 1.5% in 2007, reflecting flight by hedge-fund advisors no longer subject to oversight by the Securities and Exchange Commission, according to a study to […]

Forbes – LONDON (Thomson Financial)- Investment banks are responding to rising credit concerns by imposing tougher lending terms on hedge funds, the Financial Times reported. Prime brokerage departments at several investment banks have raised their margin requirements for certain hedge […]

Reuters- The current brutal conditions in markets from mortgages to corporate loans should be giving banks good reason to think long and hard about their loans to hedge funds. And if they do, watch out, because it would kick one […]