Tag Archives: rjr-nabisco
Surviving with a defensive game
Globe and Mail – Hedge fund manager Eric Sprott heaps praise on his "defensive team" for helping him survive this bear market. While some of his peers have cratered amid this year’s stock market crash, his short positions have kept […]
Settlement reached in natural gas trading case
Globe and Mail – Amaranth Advisors LLC and two of its former traders have reached a settlement with U.S. regulatory staff over the alleged manipulation of natural gas futures prices. The deal, which was submitted to the U.S. Federal Energy […]
Hedge losses spurred Caisse selloff
Globe and Mail – The Caisse de dépôt et placement du Québec, hammered by losses on international holdings, has been forced in recent weeks to sell billions of dollars of stocks into a falling market. A fund that began the […]
A hedge fund that actually hedges risk
Globe and Mail – This is how bad things are for hedge funds right now. On the CanadianHedgeWatch.com website, a hub for the hedge business, the lead article one recent day was headlined "The hedge fund collapse." The article, which […]
Why diesel is pricey; and the hedge in those hedge funds
Globe and Mail – People often think that the price of crude oil is the only factor affecting the retail price of finished petroleum products, but this is not true, said Cathy Hay, an analyst at Calgary gasoline consultancy MJ […]
Meltdown sets back hedge fund master
Globe and Mail – Math whiz Ravi Sood has ridden the highs and lows of the wild world of hedge funds. The president of Lawrence Asset Management Inc. made a name for himself running the firm’s flagship hedge fund with […]
Epic shutters top hedge fund
Globe and Mail – Epic Capital Management Inc. is closing its flagship hedge fund in what could be the precursor to a number of shutdowns in the troubled industry. The Toronto firm’s assets tumbled from $300-million to $200-million as markets […]
Porsche runs down hedge funds
Globe and Mail – Since many hedge fund managers like to drive Porsche roadsters, it’s somehow appropriate that the German auto maker just ran them down. The European hedge fund community took a pounding Monday covering short positions in Volkswagen. […]
Hedge funds taking it on chin; losses expected to fuel mergers
Globe and Mail – Hedge fund manager Ravi Sood is having a rough time navigating through the tsunami that has hit stock markets around the world. The stellar record of his Lawrence Partners Fund suffered a 48-per-cent hair cut in […]
Desjardins pulls funds amid market plunge
Globe and Mail – Desjardins Group is winding down hedge fund-linked products, as Canada’s largest financial co-operative joins life insurers in dealing with problems in guaranteed investments that have been pounded by the downturn. Montreal-based Desjardins is shutting down lines […]
Hedge funds turn in September to forget
Globe and Mail – Canadian hedge funds posted a brutal 11.2 per cent decline in September, losses that are likely to leave many investors questioning this expensive alternative asset strategy. The latest installment of the Scotia Capital Canadian Hedge Fund Performance […]
A bailout to some, a hedge fund to others
Globe and Mail – Daniel Gross, writing on Slate, makes an interesting point about the latest version of the U.S. government’s bailout plan: The plan, officially known as the Emergency Economic Stabilization Act of 2008, looks a lot like the […]
