Tag Archives: asic
Hedge fund monitor says short selling ban is ‘rubbish’
News.com.au – An independent monitor of local hedge funds has rubbished claims domestic financial stocks would be targerted if the ban on short selling was lifted. Australian Fund Monitors’ chief executive Chris Gosselin hosed down concerns expressed by the Australian […]
Australia Extends Short-Selling Ban, Fears Hedge Funds
New York (HedgeCo.Net) – Australian regulators have extended the ban on short-selling, saying the move was in the “national interest” of the country. As large national banks prepare to release their profits in the wake of more write-downs and rising […]
Huge cash outflows hit hedge funds
The Australian – After suffering one of the worst years on record, Australia’s $62 billion hedge fund industry is bracing for even tougher times in 2009 as a confluence of factors works against them, including poor performance, more regulation, further […]
Short selling ban upsets hedge funds
ninemsn – The corporations watchdog has extended a ban on covered short selling in the local equities market by at least another month because market conditions continue to be difficult. But a group representing hedge funds, which are high volume […]