Tag Archives: financial-sector
Earnings Season Producing Mixed Results So Far
New York (HedgeCo.Net) Through the first two weeks of earnings season, the results are somewhat mixed with a high number of companies beating expectations, but the growth rates on both earnings and revenue are running lower than recent quarters. So […]
Boris Johnson accused over hedge funds’ election donations
Guardian.co.uk – Boris Johnson, who is leading the fight against a European crackdown on City financiers, faced accusations of being “bought off” today, when it emerged that more than half the money donated to his mayoral campaign came from the […]
London Mayor Fights for Hedge Fund Rights
The New York Times – London’s mayor, Boris Johnson, an advocate of protecting the city’s financial sector from over-regulation, will take the fight to protect Britain’s hedge fund and private equity industry to Brussels this Wednesday, The Daily Telegraph reported. […]
Kuwait financier facing U.S. fraud suit found dead
Reuters – A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector. A security source told Reuters that Hazem Al-Braikan appeared to […]
US enters Europe’s fund debate
The Australian – The move wades the US into a fierce battle between the UK and other parts of Europe over how tough regulation should be. Some nations, led by Germany and France, are calling for wholesale regulation of financial […]
FSA to triple some fines
Reuters UK – Britain’s Financial Services Authority (FSA) plans to triple some of the fines it imposes on financial sector wrongdoers as part of a crackdown on offences such as mis-selling and insider dealing. The bigger fines are designed to […]
Hedge Funds Advance 1.37% in March
New York (HedgeCo.Net) – Hedge funds gained 1.37 percent in March, according to data compiled by the Hennessee Group LLC. It was a successful month for the equity markets at well, with the S&P advancing 8.54 percent, the NASDAQ climbing […]
Strong Performance In First Six Months For ACP Fund
West Palm Beach (HedgeCo.net) – London hedge fund manager ACP Partners, which is soon to merge with TriAlpha Investment Advisors, said that their long/short eguity strategy fund, ACP Financial Opportunities, has beaten its benchmark by over 65% in its first […]
Citi: Hedge Funds to Jump at Toxic Asset Opportunities
Private Equity Hub – Wealth managers at Citi are telling their clients to watch for a burst of hedge fund activity in bad assets. The wealth investor says in its most recent note that the biggest opportunity for hedge funds […]
Hedge funds to jump at toxic asset loans
Stuff – Wealth managers at Citi are telling their clients to watch for a burst of hedge fund activity in bad assets. The wealth investor says in its most recent note that the biggest opportunity for hedge funds is probably around […]
