Tag Archives: deterioration


Polar Capital managed assets fall 22 percent

January 16, 2009 : Permalink

International Herald Tribune – Fund manager Polar Capital Holdings said on Friday that assets under management in the nine months to December fell by 22 percent to $2.45 billion (1.65 billion pounds), due to market deterioration. The fund manager, which runs […]

Hedge Fund Woes: Troubles at Citadel, Highland

October 16, 2008 : Permalink

CNBC – Ongoing hedge fund losses and liquidations spooked markets Wednesday, and some of the biggest names in the mix now are Citadel Investments and Highland. Hedge funds had their worst month ever in September, with average losses of 6.2 […]

Hedge Fund Finds Itself on Defense

October 7, 2008 : Permalink

New York Times – Kenneth C. Griffin was one of those Wall Street whiz kids. As a teenager, he traded out of his dorm room at Harvard. In his 20s, he opened his own hedge fund. In his 30s, he […]

Traders head for hedge funds

July 21, 2008 : Permalink

Times Online- They may be partly responsible for the mess the banks are in but bankers are not sticking around for the clean-up. Many top bankers have lost confidence in their institutions and are quietly heading for the exit. The […]