Tag Archives: best-performing-funds
Paulson Bucks Paulson as His Hedge Funds Score $1 Billion Gain
Bloomberg – There’s not a lot of light in Paulson & Co.’s 28th-floor headquarters on a drizzly November afternoon. The Alexander Calder sculpture and multicolored prints have been shipped to the firm’s new offices six blocks south. Darkness envelops the […]
Cayman Islands Sets Milestone with 10000 Registered Funds
ITNews- Recent second quarter figures from the Cayman Islands Monetary Authority (CIMA), have confirmed the achievement of a key milestone by the Cayman Islands financial services industry, with more than 10,000 investment funds currently registered in the jurisdiction. At the […]
Hedge Fund Report; Bear Buyout Could Cost Taxpayers
New York Post- Taxpayers are all but certain to take a hit on the securities the Federal Reserve accepted as part of JPMorgan Chase’s takeover of Bear Stearns, according to a report by a hedge fund that is an investor […]
Hedge star Paulson says credit crisis not over
Reuters- The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit. In its twice-yearly report in April, […]
Hedge Funds May Be Forced to Sell Bonds, Debt Assets, ECB Says
Bloomberg- Hedge funds may be forced to sell bonds and asset-backed debt amid tighter lending standards and poor returns, the European Central Bank said in its six-monthly Financial Stability Review. Volatile financial markets, investor redemptions and difficulties meeting margin calls […]
Hedge funds hurt Fifth Third’s results
Bloomberg- A sharp decline in a Fifth Third Bancorp hedge fund investment led to more than $300 million in charge-offs the bank took in the last two quarters, according to a Bloomberg report. Cincinnati-based Fifth Third had already said that […]
