Tag Archives: money


What kids say about hedge funds

February 18, 2009 : Permalink

Mail Online – IT’S where a hedgehog lives. MAY, six A hedge fund is a money-hedge and we have one at the bottom of our garden. SAM, six I’VE seen a hedge fund before. They have one at the hospital, […]

Ron Insana Strikes Out At SAC Capital

February 18, 2009 : Permalink

StreetInsider.com – Former CNBC news anchor Ron Insana reportedly will be leaving Stevie Cohen’s SAC Capital. This move should all but put an end to Insana’s foray into the hedge fund world. Ron Insana decided to leave SAC Capital only […]

Big Bank Short Seller Changes Call to ”Buy’

February 17, 2009 : Permalink

CNBC – High-profile hedge fund manager Crispin Odey, who made money last year betting on falling bank share prices, has been buying into UK banks recently because he thinks they are now so cheap. Odey, who is founding partner of […]

Delivery on ‘absolute’ promise is relative

February 16, 2009 : Permalink

Lexington Herald-Leader – When does "absolute" imply something that in reality is far less than certain? When it comes to "absolute return funds." That’s the label mutual fund companies have put on hedge fund-style products that they’ve been rolling out […]

Charity sues Highland Capital for more than $1.8 million

February 13, 2009 : Permalink

Dallas Morning News – An Amarillo charitable foundation is suing Dallas-based Highland Capital Management LP to recover more than $1.8 million from a Highland hedge fund that was shut down in October after heavy losses. The Mary E. Bivins Foundation, […]

France to call for hedge fund crackdown

February 13, 2009 : Permalink

Focus Infomation – France on Friday will press for tighter controls on hedge funds, urging other big industrialised nations to strengthen regulation of the industry and compel banks that lend them money to hold more capital. Paris wants the European […]

Hedge Fund Lets Investors Withdraw What Is Left

February 9, 2009 : Permalink

New York Times – In a move that could force similar changes at other money-losing hedge funds, the well-known fund manager William A. Ackman is cutting his fees and allowing investors to take what is left of their money from […]

Soros Imitators Reap Riches On Macro Funds

February 9, 2009 : Permalink

The Bulletin – Hedge fund managers on average lost 18.7 percent of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge […]

U.K.’s Prince Charles Targeted by Madoff Marketer, Witness Says

February 6, 2009 : Permalink

Bloomberg – Britain’s Prince Charles, among other royalty and wealthy Europeans, were targeted through Bernard Madoff’s use of high-profile recruiters, said whistleblower Harry Markopolos in documents given U.S. lawmakers. Prince Michael of Yugoslavia was an executive of a so- called […]

Soros imitators reap riches in financial crisis

February 5, 2009 : Permalink

The Age – Hedge fund managers on average lost 18.7% of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge fund […]

Ryanair boss hedges his bets on the price

February 5, 2009 : Permalink

This is Money – Hedge will be one of those words forever linked to the great financial crisis of 2008. The hedge funds were supposedly money-minting schemes whereby fantastically intelligent financial whiz kids write fantastically complex programmes to ensure they […]

John Paulson Defies Market and Posts Huge Gains

February 2, 2009 : Permalink

New York Times – While his counterparts at other big hedge funds are trying to figure out whether they can stay in business, the fund manager John Paulson continues to rack up enormous profits. DealBook has obtained Mr. Paulson’s confidential […]