Tag Archives: mayhem
Alternative holdings sour for endowments, pensions
The Associated Press – College endowments and state pension funds plowed billions of dollars into hedge funds and private-equity investments as a way to balance their stock holdings, and for a time they got supercharged returns. Those days are over. […]
Alternative investments tank
Denver Post – College endowments and state pension funds that once plowed billions of dollars into hedge funds and private-equity investments as a way to balance their stock holdings officials are watching the value of their alternative investments shrink. So […]
Hedge losses spurred Caisse selloff
Globe and Mail – The Caisse de dépôt et placement du Québec, hammered by losses on international holdings, has been forced in recent weeks to sell billions of dollars of stocks into a falling market. A fund that began the […]
Citigroup eyes options, including merger
Reuters – Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. The second-largest […]
US hedge funds anxious as redemption deadline looms
Reuters – Anxiety is sweeping the hedge fund industry before a crucial deadline on Saturday, when investors angered by recent heavy losses are expected to demand the return of billions of dollars. "Managers have a pretty good feeling for what […]
Hedge funds could help finance growth
Reuters – Hedge fund managers could play a key role in jump starting the ailing U.S. economy if Washington offers them appropriate tax breaks, a prominent hedge fund industry lawyer said on Tuesday. Sitting on billions of dollars in cash, […]
Big-name investors, CEOs and hedge funds don’t escape market storm, posting big losses
NewsDay – Here’s something that might provide a bit of solace amid the plunging values in your retirement accounts: Warren Buffett is losing lots of money, too. So are Kirk Kerkorian, Carl Icahn and Sumner Redstone. They are still plenty […]
Hedge funds contemplate safer climate in US
Times Online – A new front is opening up in the battle between London and New York to be the world’s dominant financial centre. Hedge funds, and the thorny question of where they decide to do business over the coming […]
Hedge Funds: How the Smart Money Looked Dumb
TIMES – The ups and downs of the Dow are making Wall Street’s so-called "smart money" look dopey. Hedge funds lost nearly $300 billion due to bad investments in the first nine months of the year, according to an analysis […]
It’s D-Day for hedge funds as redemptions roll in
Reuters – Hedge fund managers are facing D-day as investors demand back billions of dollars from ailing and healthy funds alike. Funds managers around the world said they are sitting on record levels of cash to meet an expected flood […]
Fearing financial trouble hedge funds flee Morgan Stanley
Hindu Business Line – Worried that global financial services provider Morgan Stanley may land into financial troubles like Lehman Brothers, several hedge funds fled the bank resulting in a loss of billions of dollars in its prime brokerage business last […]
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 […]
