{"id":4860,"date":"2006-08-11T00:00:00","date_gmt":"2006-08-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-collapse-threatens-sale","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2006\/hedge-fund-collapse-threatens-sale.html","title":{"rendered":"Hedge Fund Collapse Threatens Sale"},"content":{"rendered":"<p>HedgeCo.Net (New York) &#8211; <span class=\"caps\">UBS<\/span>\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s deal to buy <span class=\"caps\">ABN<\/span> Amro Holdings for $386 million, may be threatened by <span class=\"caps\">ABN<\/span>\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s $100 millioninvestment in hedge fund MotherRock, which collapsed last week.<\/p>\n<div class=\"writeboardbody\">\n<p>    MotherRock\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s losses are putting <span class=\"caps\">ABN<\/span>\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s risk management and investment skills into question, which could result in the lowering of the price or even cancellaion of the    proposed deal, which had been struck on May 25th this year.  <\/p>\n<p>    Hedge fund Motherrock collapsed last week after a string of investment losses. In June, MotherRock plunged 24%, slashing its assets under management to about $280 million. The bad performance    continued in the month of July, and then in August MotherRock was said to have lost almost $450 million of its assets under management.  <\/p>\n<p>    MotherRock\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s troubles stemmed from a series of bad bets on natural gas prices made with leverage, or borrowed money. Natural gas prices have been volatile in recent months.  <\/p>\n<p>    Swiss powerhouse <span class=\"caps\">UBS<\/span> has a futures business focusing on equities-linked products in Europe and said the <span class=\"caps\">ABN<\/span> business would add fixed-income and    commodities futures trading across the United States and Asia and help it attract more hedge-fund clients, making it a leading player in this fast-growing segment of capital markets.  <\/p>\n<p>    The Dutch international banking giant <span class=\"caps\">ABN<\/span> Amro Holdings has roots in 1917. The bank has more than 3,700 branches in 52 countries.  <\/p>\n<p>    Alex Akesson<br \/>    Contributing Writer<br \/>    HedgeCo.Net<br \/>    Email: Editor@hedgeco.net  <\/p>\n<p>    HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge    Funds!  <\/p>\n<p>    <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a href=\"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com,<\/a><\/strong>    and <a href=\"http:\/\/www.hedgefundemployment.com\/\"><strong>www.hedgefundemployment.com.<\/strong><\/a>  <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net (New York) &#8211; UBS\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s deal to buy ABN Amro Holdings for $386 million, may be threatened by ABN\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s $100 millioninvestment in hedge fund MotherRock, which collapsed last week. MotherRock\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s losses are putting ABN\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s risk management and investment skills into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4860","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4860"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4860\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}