Tag Archives: exchange-trading
Deep recession fears thrash Asia stocks
Reuters – Asian stocks plummeted, led by an 11 percent drop on Japan’s Nikkei, and oil prices dropped to a one-year low on Thursday as fears grew of a more protracted and sharp global slowdown than initially expected. Major European […]
Hedge Funds Concede Errors, Profess Optimism After Worst Losses
Bloomberg – Hedge fund managers, after enduring the industry’s worst month in a decade, are seeking to explain to investors what went wrong and what they are doing about it. “We clearly underestimated several things, most importantly the tsunami of […]
Pickens hedge fund has lost more than $1 billion
Houston Chronicle – Boone Pickens, the billionaire founder of BP Capital LLC, said 15 percent of his hedge funds’ holders have asked for the option to withdraw their money after he lost more than $1 billion in energy trades this […]
Medvedev demands action to lure funds into Russian mkt
Forbes – Russia’s government and central bank must act to lure additional funds into its financial market, President Dmitry Medvedev said on Thursday. "The government and central bank should undertake all necessary measures to ensure inflows of additional funds into […]
Israeli hedge funds beat benchmark
Globes – Priority Investments Ltd.’s Israeli hedge fund index, Hedge Fund Priority Index (HFPI) fell 0.85% in July, compared with a 4.66% drop by its benchmark, the Tel Aviv 25 Index. However, the Hedge Fund Research Inc. (HFRI) fund weighted […]
Pickens’ hedge fund loses value
Reuters – The commodity half of oil tycoon T. Boone Pickens’s BP Capital hedge fund lost 35 percent of its value in July, the New York Post said, citing sources. The fund is believed to be down about 10 percent […]
Hedge funds gloomy on oil, CFTC data show
MarketWatch – For the first time in 17 months, hedge funds in July made more bets on oil prices falling than rising, according to the latest government data. Short positions from noncommercial investors, hedge funds and other large investors […]
Speculation bill moves to debate in Senate
Biloxi Sun Herald- The Senate voted Tuesday to move ahead with a Democratic plan to curb speculation in oil markets that has been blamed for some of the recent run-up in oil prices. The 94-0 vote clears a procedural hurdle […]
Wall Street’s woes escalate ahead of earnings wave
Yahoo News- Investors can’t seem to catch a break — Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing. None of the troubles that […]
Strong wealth fund growth boosts UAE fiscal stability
Business24-7- When oil prices were as low as $10-20 a barrel two decades ago, the UAE seriously considered borrowing from the local market to finance its swelling budget deficit. But the plan was shelved in favour of painful spending cuts. […]
