Tag Archives: citadel-investment-group-llc
Touradji’s Winning Way Fails to Obscure Ex-Employees’ Hostility
Bloomberg – Paul Touradji had a good year in 2008, a 12-month span that most other traders would like to forget. His flagship hedge fund, Touradji Global Resources Fund LP, returned 8.6 percent trading oil, copper and aluminum. The average […]
Winton to Start Japan Fund, Hire H.K. Staff in Asian Expansion
Winton Capital Management Ltd., the U.K. hedge fund with $12 billion in assets, will start a new fund in Japan and hire staff in Hong Kong as it expands when rivals such as Citadel Investment Group LLC retreat from Asia. […]
Canyon, Citadel Ride Convertibles Resurgence to Recoup Losses
Bloomberg – Convertible bonds that punished hedge funds in 2008 are driving returns at Canyon Partners and Citadel Investment Group LLC and helping companies from JetBlue Airways Corp. to Alliance Data Systems Corp. raise capital. Canyon, the $14.4 billion investment […]
Hedge Fund Assets to Fall 11% in 2009, Study Says
Bloomberg – The global hedge fund industry may shrink by 11 percent this year as funds liquidate and investor withdrawals persist, a Deutsche Bank AG survey said. Industry assets may fall to $1.33 trillion by December, according to 68 percent […]
Citadel marketing new fund with lower fees
Reuters – U.S. hedge fund Citadel Investment Group LLC plans to roll out several new funds, including one with lower fees that will aim to make money on currencies, interest rates and other trades based on broad economic trends, the […]
Hedge-Fund Destruction Is the Route to Salvation: David Reilly
Bloomberg – Like plenty of financial players, hedge funds are taking a beating. Many once-high-flying managers have been swamped by losses. Others have abandoned the business after discovering it wasn’t such an easy path to riches. Even some of the […]
Citadel trader Malyshev resigns-report
Reuters – Citadel Investment Group LLC trader Misha Malyshev, who helped two of the firm’s hedge funds gain about 40 percent last year, has resigned, Bloomberg News said on Thursday, citing a person familiar with the firm. Malyshev was head of […]
Give backs and free management from some hedge funds
BloggingStocks – Over the past few weeks you probably saw signs in retail stores touting "big sales" with discounts of 50% to 70& off. It seems that Wall Street has caught on to main street’s way of doing business – […]
Hedge Funds Will Be Ruined by Withdrawal Limits:
Bloomberg – Looking for a new definition of a hedge fund? How about an organization that takes 20 percent of the profits on your money in the good times, then refuses to let you have it back when the weather […]
Magnetar Said to Limit Fund Withdrawals After Losses
Bloomberg – Magnetar Capital LLC, the $8 billion hedge-fund firm co-run by former Citadel Investment Group LLC trader Alec Litowitz, limited withdrawals from its biggest fund after it lost 30 percent this year through November, according to two people familiar […]
Citadel, SAC Capital Get Pick of Casualties as Carnage Worsens
Bloomberg – Balyasny Asset Management LP recruited more than 30 money managers and analysts from competing hedge funds in the first eight months of the year, exceeding its total for all of 2007. “We have been aggressively looking for talent, […]
