Tag Archives: global recession
Hedge Fund Veteran Selected for Fund of Funds Investment Committee
West Palm Beach (HedgeCo.net) – Roy H. Callahan has been selected as portfolio manager and member of the investment committee at alternative investment firm, Coast Asset Management, LLC firm’s , effective June 15. "We are thrilled that Roy Callahan has […]
Paineiras Hedge Fund Buys Brazil Bonds on Economy
Bloomberg – Theodoro Messa’s Paineiras Hedge FIM hedge fund beat 96 percent of its peers this year on bets Brazilian bond yields will fall as the central banks slashes borrowing costs to shore up Latin America’s largest economy. Messa is […]
Blackstone marks down D Bank debt
Financial Times – Blackstone marked down the value of billions of dollars worth of debt it bought at a discount from Deutsche Bank to zero, demonstrating that the group bet too early on a recovery. Blackstone bought the debt in […]
Paulson Likes Distressed Assets Amid Global Recession
Bloomberg – Distressed assets offer the best investment opportunities this year as the global recession deepens, billionaire hedge-fund manager John Paulson said. “The decline in the market has created a very good buying opportunity,” Paulson, 53, whose New York-based Paulson […]
Soros Says Economic Crisis Signals End of a Free-Market Model
Bloomberg – Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries. Liberalization of the financial industry […]
KSK Energy Fund wound up
Reuters India – KSK Emerging India Energy Fund had raised £100 million from AIM last year to invest in Indian energy companies. Global recession has claimed a victim in India. KSK Emerging India Energy Fund (KEF), a £100 million fund […]
Hedge Funds, Oil Prices and Resulting Recession
Seeking Alpha – In 1997, some observers feared an impending global recession as a result of the headwinds stemming from the Asian financial crisis. However, within two years, those fears had dissipated and were replaced with new concerns of irrational […]