Tag Archives: great depression
Bernanke on TV defends aggressive actions
Taping a "Bernanke on the Record" special that will air on PBS this week, the top U.S. monetary policy-maker defended the aggressive, even unorthodox actions taken by the Fed during the long recession and deep financial crisis. "I was not […]
Hedge fund investor warns against stock bets
Reuters – Prominent hedge fund investor Mark Yusko on Monday warned endowments against putting the bulk of their money into stocks, arguing that these assets perform only when economies are growing. For years most investors ranging from big institutions to […]
Goldman Sachs Boosts Risk-Taking at Fastest Pace on Wall Street
Bloomberg – Goldman Sachs Group Inc., unbowed by the securities industry’s worst year since the Great Depression, increased its trading bets at the fastest rate on Wall Street. Goldman Sachs’s so-called value-at-risk, the amount the New York-based bank estimates it […]
Alpha Magazine Announces 2009 Hedge Fund 100
West Palm Beach (HedgeCo.net) – "Alpha" released the results of the 2009 Hedge Fund 100, the magazine’s eighth annual ranking of the world’s biggest single-manager hedge fund firms. Although most hedge fund managers in 2008 couldn’t escape the carnage from […]
BlackRocks Global Macro Hedge Fund Bets on More Stock Declines
Bloomberg – BlackRock Inc.’s global macro fund, the world’s second-best performer over two years among hedge funds that invest based on economic trends, is betting against this month’s equities rally and buying bonds as a recovery from the worst credit […]
Inside the world’s biggest hedge funds
Fortune Magazine – Is the current downturn merely a severe slump, or are we facing a second coming of the Great Depression? That’s the question everyone is asking these days. But Ray Dalio, founder of Bridgewater Associates and manager of what […]
Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet
Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]
Sparx to Miss March 2011 Asset Target on Market Rout
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]