Tag Archives: 10-years


Sovereign fund assets shrink to $3 trln

The Guardian – Value of assets held by the world’s sovereign wealth funds fell to $3 trillion this year from $3.6 trillion at end-2007 as the credit crisis nearly halved their equity portfolio, according to Deutsche Bank. The German bank’s […]

Indian-American gets 10-year jail for $12.5 mn fraud

Siliconindia.com – An Indian-American investment adviser has been sentenced to 10 years in prison following his conviction on 20 counts of fraud with a scheme that bilked 15 investors of $12.5 million. Amit Mathur, 38, of Shrewsbury, Massachusetts, was also […]

FRM Unit Plans $300 Million Investments in Hedge Fund Managers

Bloomberg – FRM Capital Advisors Ltd., a unit of London-based asset manager Financial Risk Management Ltd., plans to make as much as $300 million of strategic investments in hedge funds this year, including its first in Asia. FRM Capital may […]

Andy Rooney on hedge funds

Orlando Sentinel – I see the phrase "hedge fund" in the newspaper every day now and I don’t really know what a "hedge fund" is. I don’t think I ever saw the phrase 10 years ago, so maybe the financial […]

U.S. Fund Swindler Pleads Guilty to Jumping Bail

Reuters – Jailed Bayou hedge fund swindler Samuel Israel pleaded guilty on Monday to jumping bail in an episode in which he faked his own suicide last year in an attempt to avoid going to prison. Israel’s plea had been […]

Hedge funds manager’s girlfriend pleads guilty to helping him flee

CNN.com – The girlfriend of a convicted hedge fund manager who disappeared last year, leading to speculation that he had committed suicide rather than report to prison, pleaded guilty on Tuesday to helping him, according to federal prosecutors. Debra Ryan […]

Oil Curve Steeper Than ’99 Shows Crude May Gain in ’09 on OPEC

Bloomberg – The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide. The so-called forward curve of futures contracts traded on the New York Mercantile Exchange […]

Nov. 15 Redemptions Could Overwhelm Unprepared Hedge Funds

Financial-Planning.com – The fate of many a hedge fund relies on what investors decide to do with their money on Nov. 15, when it is possible an overwhelming majority could ask for their money back by the end of the […]

How hedge funds could hurt Apple

There’s an interesting and timely paragraph about Apple buried in the middle of Scott (”The Finance Professor”) Rothbort’s latest primer on hedge funds (Hedge Fund Liquidations: Five Things You Need to Know). He’s explaining how hedge fund investors — technically, […]

Porsche runs down hedge funds

Globe and Mail – Since many hedge fund managers like to drive Porsche roadsters, it’s somehow appropriate that the German auto maker just ran them down. The European hedge fund community took a pounding Monday covering short positions in Volkswagen. […]

Legg Mason unit eyes distressed sales: report

Tehran Times – Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc, is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the […]

Marcial: How Four Pros Played the Stock Meltdown

BusinessWeek – What did investors do when the Dow Jones industrial average plunged 777.68 points, or 7%, on Sept. 29, to 10,365.45? Head for the nearest bar for a double? Or rush to double up, or down, on their stocks? […]

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