Tag Archives: wall-street-journal
The New Hedge Fund Bucket List: Sojourn to the Middle Kingdom
Wall Street Journal Blogs – From its 17th-floor offices in the New Beijing Poly Plaza building, the monolithic landmark commissioned by the state-owned conglomerate China Poly Group Corp., China’s massive sovereign-wealth fund has established itself as a prime destination for […]
CIC funnels fund investments via Blackstone, MS: report
Marketwatch – China’s sovereign wealth fund has selected Morgan Stanley and Blackstone Group LP to oversee hundreds of millions of dollars in new investments, The Wall Street Journal reported Friday. The $200 billion China Investment Corp. has finalized an additional […]
CIC Turns to Friends: Morgan, Blackstone
Wall Street Journal – China Investment Corp.’s $200 billion sovereign-wealth fund is reaching out to old friends in the U.S. as it ventures into hedge-fund investing. The fund has selected Morgan Stanley and Blackstone Group LP to oversee hundreds of […]
CIT may sell aviation-finance, rail-finance ops: report
Reuters – CIT Group Inc (CIT.N), which is looking at selling off some assets, is most likely to sell its aviation-finance and rail-finance operations, the Wall Street Journal said, citing sources familiar with the matter. The people, who said evaluations […]
Gold Gains as Economy Outlook Boosts Demand for Inflation Hedge
Bloomberg – Gold climbed in Asian trading as equity gains and an improving economic outlook boosted demand for the metal as a hedge against accelerating prices. The MSCI Asia Pacific Index of equities gained for a sixth day after an […]
CIC To Invest $500M In Blackstone Fund
Forbes – Chinese sovereign wealth fund China Investment Corp is poised to invest around $500 million into a Blackstone Group hedge fund unit, a source familiar with the situation said on Friday. The Wall Street Journal earlier reported the news […]
Citadel in Rescue Talks With E-Trade, Report Says
New York Times Blogs – E*Trade Financial is in talks with Citadel Investment Group, the hedge fund that is its largest shareholder, about a deal to shore up the struggling brokerage firm’s balance sheet, The Wall Street Journal reported, citing […]
New FDA Chief Must Divest Several Stock, Fund Holdings
Wall Street Journal – The new commissioner of the Food and Drug Administration is among the wealthiest Obama administration appointees, with income of at least $10 million in 2008 thanks mostly to her husband, a hedge-fund executive, according to financial […]
Hedge fund titan plans to launch new mutual funds at AQR
Wealth Bulletin – AQR Capital Management intends to launch a line-up of mutual funds next month that will use a hedge-fund strategy developed in 1989 by founder Clifford Asness as a doctoral student in finance at the University of Chicago, […]
Move Over, Black Boxes: Brains Are Back
Wall Street Journal – Quantitative fund managers, who use computer models rather than human judgment to pick securities, have seen their world turned upside down by the credit crisis. The first generation of managers and their models have moved on: […]
