Tag Archives: patti-cook
Emerging Markets-Fall as funds flee, Hungary ups rates
Reuters – Emerging stocks and bonds slid in a panic sell-off on Wednesday as hedge funds dashed to unwind positions, but Hungary’s central bank tried to throttle a slide in its currency with a three-percentage point rate rise. The banking […]
Hedge funds do the Singapore sling
FT Alphaville- New figures from Singapore’s central bank bear out the (abundant) anecdotal evidence of the quickening exodus of Asia-focused hedge funds out of Japan and elsewhere and into Singapore. Reuters reports that assets managed by fund managers in Singapore […]
