Tag Archives: trillion
Investors continue to withdraw from hedge funds in Q1
English Eastday – Investors continued to withdraw capital from hedge funds in the first quarter of 2009, redeeming nearly 103 billion U.S. dollars, according to data released on Tuesday. The redemption figure, about 7.3 percent of overall hedge fund assets, […]
Hedge Fund’s Book May Have Fallen 75%, FRM’s Tomlinson Says
Bloomberg – Assets owned by hedge funds including borrowings may have fallen by 75 percent to a decade- low, with less competition paving the way for better returns, said Blaine Tomlinson, chairman of Financial Risk Management Ltd. The total book […]
China Zhongwang plans 2009’s largest IPO at $1.6 bln
Reuters – China Zhongwang Holdings, Asia’s biggest maker of aluminium extrusion products, began marketing on Monday for a Hong Kong IPO to raise as much as $1.58 billion in what would be the world’s largest new listing so far this […]
JP Morgan backs out of toxic assets plan
Mail Tribune – The Treasury Department on Thursday defended the viability of its $1 trillion plan to get soured mortgage investments off of banks’ books after JPMorgan Chase’s chief executive said the company won’t participate in the program. Some analysts […]
Hedge funds set to be back in game
Zawya.com – The worst may be over for hedge funds with redemptions recording a decline for the third consecutive month in March and industry players expecting stability to return soon. Net investor redemptions and liquidations in March were an estimated […]
Uncle Sam?s hedge fund is risk for economic recovery
Fort Worth Business Press – The rescue of the American financial system proposed by Treasury Secretary Timothy Geithner is, in all but name, a gigantic hedge fund. The government would lend vast sums to private investors to enable them to […]
UBS sees hedge fund assets shrinking
Reuters – Hedge fund assets will continue to shrink this year, falling as much as two-thirds from their 2007 peak, but investors will return and assets will rebound when the economy revives, Alex Ehrlich, global head of prime services at […]
BlackRocks Global Macro Hedge Fund Bets on More Stock Declines
Bloomberg – BlackRock Inc.’s global macro fund, the world’s second-best performer over two years among hedge funds that invest based on economic trends, is betting against this month’s equities rally and buying bonds as a recovery from the worst credit […]
Obama Seeks Investors in Plan to Buy Illiquid Assets
Bloomberg – The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled assets clogging banks’ balance sheets. Treasury Secretary […]
Latest economic recovery plan hits $1 trillion
10 News – Investors will be listening closely to details of the $1 trillion toxic asset-purchase program to be announced Monday as the Obama administration seeks to provide enough information to satisfy markets and avoid the kind of stock meltdown […]
