Tag Archives: morgan stanley
Goldman Sachs Boosts Risk-Taking at Fastest Pace on Wall Street
Bloomberg – Goldman Sachs Group Inc., unbowed by the securities industry’s worst year since the Great Depression, increased its trading bets at the fastest rate on Wall Street. Goldman Sachs’s so-called value-at-risk, the amount the New York-based bank estimates it […]
Morgan Stanley AIP Raises $1.14 Billion for New Fund
American Chronicle – Morgan Stanley Alternative Investment Partners has raised $1.14 billion in commitments for its new private equity fund of funds, Morgan Stanley Private Markets Fund IV. The capital raised for the new fund represents a nearly 15% increase […]
Star commodities traders ditch banks for hedge funds
Reuters – Star commodity traders, once synonymous with high-profile banks, are leaving for little-known investment firms that let them work and earn in ways iconic Wall Street firms no longer can. The financial crisis and its amplifying threat on risk […]
Star commodities traders ditch banks for hedge funds
Reuters – Star commodity traders, once synonymous with high-profile banks, are leaving for little-known investment firms that let them work and earn in ways iconic Wall Street firms no longer can. The financial crisis and its amplifying threat on risk […]
Bridgewater Tops List of Biggest U.S. Hedge Funds
Bloomberg – Ray Dalio’s Bridgewater Associates Inc. overtook JPMorgan Chase & Co. to become the biggest U.S. hedge-fund manager, even as the firm lost assets during the industry’s worst year, according to a survey. Bridgewater, based in Westport, Connecticut, managed […]
Chrysler Talks Stall as Banks Balk at Trading Loans for Equity
Bloomberg – Chrysler LLC, needing lender concessions by March 31, isn’t negotiating with its banks because it can’t persuade them to discuss trading loans for uncertain equity, people familiar with the companies’ actions say. Chrysler must reduce its debt by […]
Asian Macro Hedge Fund Launch
West Palm Beach (HedgeCo.net) -A new Asia Macro hedge fund has been launched by Dexion Capital and Morgan Stanley veterans Andrew Gale and Lee Ka Sha. With a minimum investment is $100,000, the fund will invest in Asian interest rates […]
Betsy Waters on Basics of Investment Strategy at NY Traders Expo
West Palm Beach (HedgeCo.net) – dbFX Global Director Betsy Waters will moderate a panel discussion entitled, “Investing in Managed Accounts: The What, How, and Why,” during the International Traders Expo, the largest and only expo designed exclusively for active traders. […]
Cohen’s Hedge Fund Taxes Can’t Fix Connecticut’s Fallen Revenue
Bloomberg – Philip Duff, Morgan Stanley’s former chief financial officer, last month fired 80 of the 100 people at his 11-month-old hedge fund, and now he’s looking to sublet excess office space in Greenwich, Connecticut. Record losses and terminations at hedge […]
Hedge fund assets likely to lose up to $450bn
Business Report – Hedge funds lost more money last year than any year on record. It may get worse this year, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The […]
Duff Capital Advisors shrinks, stays in business
Reuters – Hedge fund firm Duff Capital Advisors, launched last year to help pension funds, endowments and insurers meet long-term funding obligations, laid off most of its staff, a person familiar with the matter said on Thursday. The company remains […]
