Tag Archives: finance
Survey: Investors gloomy over hedge funds
Norwalk Advocate – It could be six months to a year before major investors start pumping money back into the market, according to a survey by Quinnipiac University and Greenwich Roundtable, which represents hedge fund investors who control or manage […]
MBIA Debt-Guarantee Split Sparks Hedge Fund Lawsuit
Bloomberg – MBIA’s split of its bond- insurance business was challenged by hedge funds alleging the move hurts owners of about $240 billion of debt while benefiting stock investors, executives and some policyholders. The reorganization, in which MBIA stripped $5.4 […]
Alleged hedge fund scammer is arrested
San Francisco Gate – Friday, January 9, 2009 Alexander James Trabulse, 61, was taken into custody Monday, according to U.S Customs and Border Protection officials. He appeared later that day before U.S. Magistrate Elizabeth Laporte in San Francisco and is […]
EU Hedge Funds May Face Greater Regulation
New York (HedgeCo.Net) – Those who push for greater transparency of the hedge fund industry had a victory this week, when an EU official all but declared that funds in the European Union will be regulated. Charlie McCreevy, the bloc’s […]
Investors reject Centaurus restructure
FT Alphaville – Centaurus Capital is running down its flagship hedge fund after investors with the London activist failed to back an emergency restructuring. Centaurus, founded by former BNP Paribas traders Bernard Oppetit and Randy Freeman, will now repay the bulk of […]
Lehman may force collapse of hedge funds
The Daily Deal – Lehman Brothers Holdings may have gone bankrupt eight weeks ago, but the filing continues to reverberate throughout the financial world and even in some unexpected places like the National Football League’s New York Giants. The latest to […]
JO Hambro Shuts Hedge Fund After VW-Porsche Trade
Bloomberg – JO Hambro Capital Management Ltd., which oversees about $3.5 billion of assets, will close one of its two hedge funds partly because a bet against Volkswagen AG shares backfired, people familiar with the situation said. The $240 million […]
John Paulson Buys Mortgage Bonds as Hedge Fund Losses Widen
Bloomberg – Money manager John Paulson has started buying beaten-up mortgage bonds as hedge funds stumbled for a fifth straight month. Paulson, 52, is purchasing debt backed by home loans after generating sixfold returns last year with help from bets […]
BNP Paribas Wins Prime Brokerage Business With Hedge Fund CQS
Bloomberg – BNP Paribas SA, France’s biggest bank, won prime brokerage business in Asia with hedge fund CQS (U.K.) LLP as it seeks to lure clients in the region from rivals. The new contract with CQS, a London-based hedge fund […]
INTERVIEW-Hedge funds return to mark to model
Reuters London – Hedge funds are starting to move back to the practice of marking complex structured credit instruments to their financial models because market prices are unreliable, says financial advisory firm Duff & Phelps. James De Bono, managing director […]
Permal Suspends Withdrawals From Two Hedge Funds Run by NWI
Bloomberg – Permal Group temporarily blocked clients from taking money out of two hedge funds that invest with NWI Management LP while NWI changes its redemption rules, according to two people familiar with the matter. The firm, based in London, […]
