Tag Archives: trillion
Hedge Funds: Defensive In Tone, Aggressive In Strategy
Wall Street Journal Blogs – In an effort to forestall more redemptions and panic, hedge-fund managers preached “strong stomachs” and washed their hands of responsibility for losses in the latest round of investor letters. A review of nearly a dozen […]
Hedge funds down but not out
National Post – With strategy-wide net outflows of more than US$31-billion in the third quarter – the largest net capital redemption in the industry’s history – things aren’t looking too good for the hedge fund industry. Its size also fell […]
Hedge Funds: 2008’s Winners and Losers
Seeking Alpha – Hedge funds often try to offset potential losses in the principal markets they invest in by hedging their investments using a wide variety of techniques. For this very reason, many of them rarely disclose any of their […]
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 […]
Deep recession fears thrash Asia stocks
Reuters – Asian stocks plummeted, led by an 11 percent drop on Japan’s Nikkei, and oil prices dropped to a one-year low on Thursday as fears grew of a more protracted and sharp global slowdown than initially expected. Major European […]
Hedge Funds: How the Smart Money Looked Dumb
TIMES – The ups and downs of the Dow are making Wall Street’s so-called "smart money" look dopey. Hedge funds lost nearly $300 billion due to bad investments in the first nine months of the year, according to an analysis […]
Lehman CDS auction fears allayed
The Independent – The financial fall-out in the vast, opaque credit default swaps market caused by the collapse of Lehman Brothers could be smaller than originally feared, analysts say. Optimism was rising yesterday that the unwinding of insurance contracts on […]
UBP cuts hedge funds, sees industry shrinking
Reuters – Union Bancaire Privee has cut its exposure to hedge funds and industry performance has disappointed, while other assets look more attractively-priced, a top executive said. Christophe Bernard, the Swiss-based firm’s head of asset management, also told the Reuters […]
Basel Also Keeping an Eye On Hedge Fund Leverage
AllAboutAlpha.com – The Bank for International Settlements in Basel, Switzerland was probably abuzz last week watching history unfold before its eyes. After all, one of the lynchpins of the organization’s Basel II Accord was the requirement for banks to mark-to-market […]
Yen slips, Aussie jumps as bank rescues take shape
Reuters Tokyo – The yen dipped against higher-yielding currencies on Monday while the Australian dollar surged as leaders from Europe to the United States rushed out plans to shore up banks and stem the panic gripping investors. After many stock […]
The Engine of Mayhem
Washington Post – It’s easy to explain the continuing financial chaos — and the failure of governments to control it — as the triumph of psychology. Fear reigns, and panic follows. Everyone dumps stocks because everyone believes that everyone else […]
When to Fire Your Fund Manager
CNBC – Given the troubles in the market, we’re all worried about losing a chunk of our savings, whether it’s wrapped up in mutual funds, hedge funds or individual stocks. But how do you know when to bail on your […]
