Tag Archives: j-p-morgan
Risk Analytics Provider Measurisk Crosses 1,000 Hedge Fund Milestone
West palm Beach (HedgeCo.Net) – Leading risk analytics provider Measurisk, LLC, an affiliate of J.P. Morgan Worldwide Securities Services (WSS), today announced that it has crossed an important industry milestone in modeling the full positions of over 1,000 hedge funds […]
Hedge Fund of Funds Program Launched By Arden Asset Management and J.P. Morgan
West Palm Beach (HedgeCo.net) – Arden Asset Management LLC, a leading independent fund of hedge funds manager, and J.P. Morgan today announced an agreement under which Arden will manage a $1.1 billion proprietary hedge fund of funds portfolio for J.P. […]
The last, frantic days of Perot family hedge fund
Dallas Morning News – To bank employees monitoring the hedge fund’s collapse, the e-mailed instructions were emphatic. "No securities, or cash, FOR ANY REASON are allowed to be sent out from JP Morgan." At issue that morning last November were […]
Geneva banks lost more than $4 billion to Madoff: report
Reuters – Three European banks on Sunday announced a total of about $3.8 billion in exposure to an investment fund run by Bernard Madoff, the U.S. investor accused of running a $50 billion "Ponzi" scheme. The largest banks of both […]
Is UBS Calling the End of Universal Banks?
The Money Times – Last year, I read an article in which David Herro outlined his rationale for owning shares of UBS in his Oakmark International fund. He focused on the value of its wealth management unit, which delivers stable […]
Hedge funds lose shareholder vote on Jelmoli stock split
Forbes- Four hedge funds that own shares in Jelmoli Holding AG. have failed to win over investors at a vote over a proposed stock split and a special dividend at the Swiss retail and real estate companies. The four funds […]
UBS $100 Billion Wager Prompted $24 Billion Loss in Nine Months
Bloomberg – The annual shareholders meeting of UBS AG used to be a time for Chairman Marcel Ospel to gloat over his accomplishments. Shareholders would praise Ospel for turning a slow-growing, insular Swiss bank into a global financial powerhouse, with […]
