Tag Archives: volatility
Hedge funds add to markets’ pain
USA Today – The great unwind in the secretive hedge fund world caused by steep losses has contributed to the megapain in the stock market. Wealthy folks and big investors yanked a record $31 billion to $43 billion out of […]
Will Both Large And Small Hedge Funds Survive?
istockAnalyst.com – September may in fact be the cruelest month of all, at least for hedge funds – now even worse than the previous "comeuppance month" just this last July. Popular funds, such as Greenlight Capital and Maverick Capital had […]
Agecroft Hires Hedge Fund Manager
West Palm Beach (HedgeCo.net) – Hedge fund third party marketing firm, Agecroft Partners has hired its 5th Managing Director, Jarratt Ramsey. Jarratt spent the last 11 years at multi-billion hedge fund Chesapeake Capital Management. "Jarratt is a wonderful addition to […]
New York Hedge Fund Fails to Gain Seats on Board
New York (HedgeCo.Net) – New York hedge fund Elliott International’s quest to place two members of its team on the board of New Zealand-based Telecom has officially come to an end when they failed to win the bid at the […]
Foreign funds cut Nigeria exposure, impact limited – analysts
Reuters – Nigeria’s buoyant real economy and strong domestic liquidity will limit the damage caused by hedge funds and portfolio investors pulling money out of the country as the global financial crisis bites, analysts say. The sheer size of Nigeria’s […]
It’s D-Day for hedge funds as redemptions roll in
Reuters – Hedge fund managers are facing D-day as investors demand back billions of dollars from ailing and healthy funds alike. Funds managers around the world said they are sitting on record levels of cash to meet an expected flood […]
Hedge funds shy from Bush’s Wall St. bailout
Reuters – Hedge funds are unlikely to be among financial institutions clamoring to unload their bad debts under a proposed $700 billion Wall Street bailout plan, the chief of the funds’ lobbying group said on Tuesday. "I think it’s unlikely […]
More global hedge funds calling it quits in 2008
Reuters – More hedge funds have called it quits worldwide in the first half of 2008 than a year ago, as tumbling markets and finicky investors take a heavy toll on the $1.9 trillion industry, new data show. Liquidations rose […]
Mayor Bloomberg Fears National Debt Crisis
New York Post – The next issue for concern in the battered economy is whether there are going to be buyers for the nation’s billions in debt, Mayor Bloomberg said yesterday. Speaking to students at Georgetown University, Bloomberg pointed out […]
Morgan Stanley weighing possible merger
Reuters Singapore – U.S. investment bank Morgan Stanley is weighing whether it should remain independent or merge with a bank, given the recent turbulence in the company’s share price, broadcaster CNBC reported on Wednesday. Morgan Stanley officials were not in […]
Hopes and fears mix at hedge fund conference
Reuters UK – "Does anyone know what is happening with the markets?" former U.S. Treasury Secretary Lawrence Summers asked after stepping out of his car and into a hedge fund industry conference in Connecticut on Tuesday. And he wasn’t the […]
Harbinger says it’s not dumping Times, Media General
Reuters – Hedge fund Harbinger Capital Partners said it is not pulling out of high-profile investments like The New York Times Co. and Media General Inc., seeking to quell market rumors after their share prices dropped sharply on Monday. Philip […]