Tag Archives: fourth-quarter
Fund Managers Rattled as Rescue Plan’s Rejection Shakes Markets
Bloomberg.com: UK & Ireland – “I’ve never lived through something like that,” Stephen Jarislowsky, the 83-year-old chairman and founder of Montreal-based money manager Jarislowsky Fraser Ltd., said yesterday about the past month on Wall Street. “I don’t even think the […]
Uncertainty hangs over hedge funds
Denver Post – First, the money rushed into hedge funds. Now, some fear, it could rush out. No one expects a wholesale flight from the nearly $2 trillion world of hedge funds, but even a modest outflow could reverberate through […]
Hedge Funds Are Bracing for Investors to Cash Out
New York Times – First, the money rushed into hedge funds. Now, some fear, it could rush out. Even as Washington reached a tentative agreement on Sunday over what may become the largest financial bailout in American history, new worries […]
Golden age of hedge funds dims
International Herald Tribune – Making millions – or even a few billion – by managing a hedge fund has been a running dream on Wall Street in recent years. But suddenly even the masters of this $2 trillion universe are […]
Credit Derivatives Market Shrinks 12% as Dealers Reduce Trades
Bloomberg – Credit-default swap dealers reduced the volume of outstanding contracts for the first time amid efforts to reduce risks in a market used to hedge against bond losses and speculate on corporate creditworthiness. The volume of outstanding trades fell […]
Hedge funds grab the spotlight on Wall St.
Politico.com – Even as the storied financial names vanish — Lehman Brothers, Merrill Lynch and Bear Stearns — they’re being quietly replaced by less familiar ones: Cerberus Capital Management, Citadel Investment Group, SAC Capital Partners and the other biggest hedge […]
The End of Wall Street as We Know It
Gotham Gazette – The turbulent financial market events of recent days demonstrably signal the end of Wall Street as we know it. More uncertainty lies ahead, on Wall Street but also for the national economy. How is this affecting New […]
More global hedge funds calling it quits in 2008
Reuters – More hedge funds have called it quits worldwide in the first half of 2008 than a year ago, as tumbling markets and finicky investors take a heavy toll on the $1.9 trillion industry, new data show. Liquidations rose […]
Hedge Fund Customers on Verge of Bankruptcy
Digital Chosunilbo – Many companies who bought forex hedge funds are on the verge of going bankrupt as a result of the plunging won. Many who bought Knock-In Knock-out (KIKO) option trading, which protects customers’ money when the exchange rate […]
Hedge funds are losing their secretive status
Times Online – People who run hedge funds hate the way the press describe them as “secretive”. A quick Google of “hedge funds” shows what a cliche it has become. Hedge funds are “notoriously secretive” and “super-secretive”; they live in […]
Hedge Fund Glory Days Fading Fast
New York Times – Making millions — or even a few billion — by managing a hedge fund has been a running dream on Wall Street in recent years. But suddenly even the masters of this $2 trillion universe are […]
Wall St and funds urge SEC to keep ratings in rules
Reuters – Securities regulators are locking horns with some of the U.S.’s most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities. For years, the Securities and Exchange Commission allowed […]
