Tag Archives: june-14
Hedge fund managers to testify in Washington
International Herald Tribune – Hedge fund managers usually shun the spotlight. But five of them, billionaires all, are about to come under the glare on Capitol Hill. The money managers — Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George […]
Hedge fund winners amid the rubble
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money, rather than losing it. While most hedge funds are declining this year and unsettling the markets in the process, a handful […]
London Hedge Fund Manager Alan Miller Makes a Comeback
West Palm Beach (HedgeCo.net) – According to a report in the Financial Times, London hedge fund manager Alan Miller has returned to the industry after a two-year absence by becoming a partner at SilverStreet Capital, a small London fund of […]
Hedge funds, mortgages on House agenda
Boston Globe – TODAY American International Group releases third-quarter results. The insurance giant is expected to post a loss of 90 cents a share, compared with a $1.35-a-share profit last year. Starbucks Corp. releases fourth-quarter financial results and is expected […]
What crisis? Some hedge funds are gaining
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money rather than losing it. While most hedge funds are sinking into red this year and unsettling the markets in the process, […]
Life after death for hedge funds?
AllAboutAlpha.com – Several pundits have recently pronounced the so-called “hedge fund model” to be dead (or at least “upended“). But is the patient clinically dead, or is it just having an out-of-body experience? After the recent trauma experienced by the […]
Hedge funds target corporate lending as banks dry up
Reuters – An unprecedented cash crunch is choking the ability of banks to lend and creating an opportunity for hedge funds to launch, or ramp up corporate lending facilities. Companies that have relied on bank borrowing to grow, or even maintain […]
Basel Also Keeping an Eye On Hedge Fund Leverage
AllAboutAlpha.com – The Bank for International Settlements in Basel, Switzerland was probably abuzz last week watching history unfold before its eyes. After all, one of the lynchpins of the organization’s Basel II Accord was the requirement for banks to mark-to-market […]
New York Hedge Fund Fails to Gain Seats on Board
New York (HedgeCo.Net) – New York hedge fund Elliott International’s quest to place two members of its team on the board of New Zealand-based Telecom has officially come to an end when they failed to win the bid at the […]
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 […]
Hedge fund Citadel hires two from Merrill Lynch
Reuters – Hedge fund firm Citadel Investment Group said on Tuesday it had hired two senior sales executives from Merrill Lynch, the investment bank that is being sold to Bank of America for $50 billion. Chicago-based Citadel, which manages around […]