Tag Archives: newcastle
Tantallon Closes Its Smaller Companies Hedge Fund
Bloomberg – Tantallon Capital, founded by Merrill Lynch & Co. former head of sales Nicholas Harbinson, closed one of its hedge funds after bad bets on Asian stocks, three people familiar with the matter said. The Singapore-based firm shut its […]
Marcial: How Four Pros Played the Stock Meltdown
BusinessWeek – What did investors do when the Dow Jones industrial average plunged 777.68 points, or 7%, on Sept. 29, to 10,365.45? Head for the nearest bar for a double? Or rush to double up, or down, on their stocks? […]
Fund Managers Rattled as Rescue Plan’s Rejection Shakes Markets
Bloomberg.com: UK & Ireland – “I’ve never lived through something like that,” Stephen Jarislowsky, the 83-year-old chairman and founder of Montreal-based money manager Jarislowsky Fraser Ltd., said yesterday about the past month on Wall Street. “I don’t even think the […]
Market tanks on likely US hedge funds redemption
Economic Times Mumbai – The concomitant impact of huge selling in European markets such as FTSE, CAC and DAX, falling more than 3 per cent, has seen a dip back home in realty, bank, IT and capital goods stocks. Sectors […]
US hedge fund Paulson bets big against UK banks
Reuters – John Paulson, a U.S. hedge fund manager who gained a superstar reputation with a big bet against the U.S. housing market, was shown holding a 1 billion pound ($1.9 billion) bet against UK banks as short sellers were […]
Suits Fly at the Plaza
New York Post – The developers of the famed landmark are fighting back following two multimillion-dollar lawsuits filed against them by separate penthouse buyers within the past two weeks. Developer El-Ad Properties, which renovated the 101-year-old building to include pricey […]
Equity and Hedge Funds may take Wall Street’s Place
New York Post – With just two large investment banks remaining – Morgan Stanley and Goldman Sachs – questions are growing over who might step into the suddenly emptier playing field. Many Wall Street watchers are pointing to the looming […]
Fairfax claims victory after broker fires analyst
Globe and Mail – Fairfax Financial Holdings Ltd. is claiming a victory in a long-running legal battle with U.S. hedge funds after brokerage firm Morgan Keegan & Co. Inc. revealed on Wednesday it has fired an analyst embroiled in a […]
Hedge Fund Launches Venus Index Plus Fund
West Palm Beach (HedgeCo.net) – Venus Capital Management, Inc. has launched the Venus Index Plus Fund. The general objective of the Fund is to outperform the S&P CNX Nifty India Index without changing the weights in the Index. Venus Capital, […]
KDB made Lehman offer; HSBC may trump Koreans: report
Washington Post – State-controlled Korea Development Bank (KDB) proposed buying 25 percent of Lehman Brothers (LEH.N) for up to $5.3 billion, a newspaper reported, but other Korean banks rumored to be joining a KDB bid consortium denied they were involved. […]
Israeli hedge funds beat benchmark
Globes – Priority Investments Ltd.’s Israeli hedge fund index, Hedge Fund Priority Index (HFPI) fell 0.85% in July, compared with a 4.66% drop by its benchmark, the Tel Aviv 25 Index. However, the Hedge Fund Research Inc. (HFRI) fund weighted […]
