Tag Archives: merrill-lynch


John Key annoys local hedge fund managers

November 25, 2008 : Permalink

National Business Review – Hedge fund managers are the last people you’d expect new Prime Minister John Key to offend, considering he is a former investment banker wealthy enough ($50 million) to make NBR’s Rich List. But it appears we […]

Investors see hedge funds as less important-poll

November 11, 2008 : Permalink

Reuters – The days of hedge funds as a red-hot asset class may be cooling, according to a new survey released by fund research firm Morningstar on Monday. Nearly half of all financial advisers who help wealthy people invest their […]

Hedge funds working to limit redemptions

October 31, 2008 : Permalink

Reuters UK – Dozens of hedge funds have told investors they cannot get their money back right now as managers try to limit a wave of redemptions to safeguard all their clients’ investments — as well as their own futures. […]

Wealthy cut back hedge funds but no firesale

October 22, 2008 : Permalink

Reuters – Wealthy investors are cutting back exposure to hedge funds after disappointing returns but are not exiting the sector wholesale, and are likely to come back again once markets have calmed down. High net worth individuals have been key […]

Number of hedge funds could halve in ’09

October 14, 2008 : Permalink

Reuters – Turmoil in financial markets could halve the number of hedge funds by next year, and the survivors will likely charge less for their service, an industry executive said on Monday. Ultra-wealthy investors, who fueled a doubling in hedge-fund […]

Feds expand probe into Bear Stearns

October 9, 2008 : Permalink

Newsday – A federal probe of the $1.8-billion collapse of Bear Stearns hedge funds has spread to include the activities of a number of banks and other lenders, according to court records and legal sources. Investigators are also reviewing various […]

Heebner Hedge Fund Targets $5 Billion With Lure of Top Returns

September 10, 2008 : Permalink

Bloomberg – Kenneth Heebner, manager of the top-ranked U.S. stock mutual fund, is seeking as much as $5 billion for his first hedge fund. Heebner, who has worked in the mutual-fund business almost four decades, formed a private investment partnership […]

Predictions for Hedge Funds

August 22, 2008 : Permalink

Wall Street Journal – Not long ago, hedge funds were reserved for a few wealthy investors and even fewer pioneering managers. Now 7,500 funds have nearly $2 trillion under management globally, according to Hedge Fund Research — increasingly from endowments […]

Tanking Banks’ Debt Sought By $1B Fund

July 3, 2008 : Permalink

New York Post- Hedge fund Highbridge Capital Management is trying to raise $1 billion from wealthy investors for a fund focused on buying bank assets hammered by the credit crisis. According to one investor who was considering committing funds, the […]

Odey launches funds of hedge funds operation

June 16, 2008 : Permalink

Wealth Bulletin- Odey Asset Management has created a fund of hedge funds subsidiary to broaden its offering to wealthy investors. It has hired two people from Credit Suisse to run the business from Guernsey. The business marks a new direction […]

Road to hedge fund riches is rockier now

May 28, 2008 : Permalink

Reuters) – Starting a hedge fund was long considered the road to riches for money managers, but the path has become much rockier in the last months. "It is materially harder to start a hedge fund today than it was […]