Category Archives: Syndicated

Citigroup forecasts end to share distortions

MSNBC – The recent distortions to equity prices that traders have created by adjusting their positions in derivatives based on market volatility should disappear in the next two to four weeks,Citigroup, the US bank, said on Tuesday. The bank said […]

Volatility becomes an asset class

Financial Times – Volatility is becoming an asset class in its own right. A range of structured derivative products, particularly those known as variance swaps, are now the preferred route for manyhedge fund managers and proprietary traders to make bets […]

Investors face tough questions as rally begins

Euro2day – Investors in some international equity markets were handed a partial reprieve on Tuesday as a clutch of markets rebounded from the sharp falls of recent days. European markets made a strong recovery, while India’s Sensitive Index rose 3.25 […]

Lex live: Hedge funds/Euronext

Euro2day – In early 2005 Chris Hohn was the toast of the City of London. His hedge fund, TCI, led the successful revolt against Werner Seifert, the former Deutsche Börse boss with a penchant for shouting at shareholders. Today, TCI […]

Hedge fund grandee sounds ‘death knell’ for the industry

Times Online – CRISPIN ODEY, one of the grandees of the London hedge fund world, said yesterday that the industry could be doomed, likening it to the disaster that was the Lloyd’s of London insurancemarket in the 1980s. Most hedge […]

Asian stocks slide again as Hedge Funds fuel rout in Emerging Markets

FinFacts Ireland – Asian stocks continued falling on Tuesday and in Tokyo, the Nikkei-225 index closed 1.63% down, at 15,599.20 and the broader Topix index fell 2.3%. Mitsubishi UFJ Financial Group Inc. fell after the lender forecast a 37% drop […]

Tokyo shares outlook – Lower after markets worldwide plunge

Forbes – Share prices are expected to open lower as market sentiment is likely to be dampened by a retreat on Wall Street and other markets around the world, dealerssaid. On Wall Street overnight, the Nasdaq Composite Index fell 21.03 […]

Market falls refresh hedge fund allure

LONDON (Reuters) – The recent sharp drop in equities markets is a timely reminder of the benefits of alternative investments like hedge funds, a senior Credit Suisse bank executive told Reuters in aninterview on Thursday. The hedge fund sector had […]

Stocks Are So 20 th Century

Slate – The newly public New York Stock Exchange just unveiled a $10 billion offer for Paris-based Euronext, which owns securities exchanges in France, Holland, Belgium, Portugal, and England. Meanwhile, Nasdaq last week announced it had amassed a 25 percent […]

Hellman & Friedman May Acquire Gartmore, People Say

Bloomberg – Hellman & Friedman LLC, a buyout firm with a specialty in financial services, may buy London-based Gartmore Investment Management Plc, which oversees $78 billion, two people withdirect knowledge of the situation said. Hellman & Friedman, based in San […]

Euronext faces shareholders with merger proposals

Reuters – Earlier this month, Euronext asked shareholders to vote against an agenda point at the shareholders’ meeting on the principle of a merger with Deutsche Boerse. And on Monday, the Paris-based company said a deal with the NYSE would […]

Hedge funds are enjoying it all right now

Belleville News-Democrat – Hedge-fund managers sit in the investment world’s sweet spot, though it may be getting late in the game. Successful hedge-fund managers can earn untold riches employing investment strategies that range from buying common shares and influencing public […]