Tag Archives: stake


Market slump pounds Pa. pension funds

November 26, 2008 : Permalink

Philadelphia Inquirer – Pension funds for Pennsylvania state workers and schoolteachers lost more than $12 billion in the three months ended Sept. 30. And that’s not counting losses from hedge funds, real estate, private equity, and other hard-to-trace private investments […]

US hedge funds anxious as redemption deadline looms

November 14, 2008 : Permalink

Reuters – Anxiety is sweeping the hedge fund industry before a crucial deadline on Saturday, when investors angered by recent heavy losses are expected to demand the return of billions of dollars. "Managers have a pretty good feeling for what […]

European Stocks Recover; DAX Boosted by Volkswagen

October 28, 2008 : Permalink

ABC News – European stock markets opened higher Tuesday after Japan’s Nikkei index recovered from 26-year lows, with Germany’s DAX further boosted by another steep rise in the value of Volkswagen AG shares. The FTSE 100 index of leading British […]

Hedge funds weigh future as investors pull money out

October 21, 2008 : Permalink

The Australian – David Gray, UBS’s head of prime services in the Asia-Pacific, says:  "In the next three months, people will make decisions about whether they want to continue their business that may prove uneconomic for them," Hong Kong-based Mr […]

Dubai adds to chorus against market abuse

September 22, 2008 : Permalink

Financial Times – Dubai yesterday joined the chorus of regulatory voices condemning the short-selling of shares as concern mounted that hedge funds shorting key Gulf companies are contributing to a dramatic drop in regional bourses. Short selling, through which investors […]

Asset manager Aberdeen says funds grow 6 pct

July 18, 2008 : Permalink

Guardian Unlimited- Aberdeen Asset Management said on Friday its assets had grown 6 percent despite turbulent markets and had also earmarked higher cost savings to offset falling earnings, pushing its shares up. The fund manager said its assets under management […]

Man says demand for fund products remained strong

July 11, 2008 : Permalink

Reuters – Man Group Plc, the world’s biggest listed hedge fund company, said demand for its fund products had remained strong in the first quarter and it was confident about its prospects for the full year. Sales in the three […]