Tag Archives: executive-suite
Malaysia eyes Islamic hedge funds
Reuters – Malaysia is working on a plan to allow the creation of Islamic hedge funds. "It is now in the developmental stage,” Goh Ching Yin, an executive director at the Securities Commission, was quoted as saying by Business Times […]
Hong Kong shares lower on recession fears, hedge funds redemption worries
Reuters HK – Share prices were sharply lower at mid-morning, with the key index briefly slipping below the 12,000 level, on global recession fears and worries about hedge fund redemptions. Dealers noted concerns that the Japanese yen’s surge against the […]
Icahn Biotech Stakes Rise on Drugmaker Demand as Markets Gyrate
Bloomberg – Carl Icahn, the investor angling to sell a 13 percent stake in Imclone Systems Inc. for more than $800 million, is piling up bets in the biotechnology industry. Icahn and hedge funds he manages have accumulated stakes in […]
Britain and US crack down on hedge funds blamed for crisis –
Independent – An unprecedented crackdown on speculators preying on falling share prices began on both sides of the Atlantic yesterday, as Gordon Brown promised to "clean up the financial system" after days of turmoil. The Financial Services Authority (FSA) banned […]
Investors cheer shorting ban
Interactive Investor – Investors are cheering the temporary ban on shorting financial stocks which came into play on Friday morning. The Financial Services Authority introduced the four-month freeze on profiteering from falling share prices after the markets closed last night […]
Harbinger says it’s not dumping Times, Media General
Reuters – Hedge fund Harbinger Capital Partners said it is not pulling out of high-profile investments like The New York Times Co. and Media General Inc., seeking to quell market rumors after their share prices dropped sharply on Monday. Philip […]
Citywire Reports Funds of Hedge Funds Down 7%
West Palm Beach (HedgeCo.net) – Funds of listed hedge funds are no longer providing reliable rates of return as the credit crunch continues – despite having been marketed as risk-free investments. Analysis from Citywire shows that the sector has declined […]
Hedge funds to back £4.5bn Barclays issue
Financial Times- Several of London’s largest hedge funds are backing Barclays’ £4.5bn ($8.9bn) capital increase, underscoring the complex roles they are playing in the recapitalisation of the UK banking sector. GLG Partners, Lansdowne, CQS and Och-Ziff have all agreed to […]
