Tag Archives: contagion


”I would shut down the hedge fund industry”

Salon – John R. Talbott is a former investment banker with Goldman Sachs and the author of "The 86 Biggest Lies on Wall Street," "Contagion," "Obamanomics," and "The Coming Crash in the Housing Market." Simon Johnson, the former chief economist […]

Centaurus mulls sale of Atos Origin stake

Reuters – Hedge Fund Firm Centaurus is considering selling its remaining 6.66 percent stake in French IT services group Atos Origin due to the financial crisis, French daily La Tribune reported on Monday. Centaurus and Atos could not be immediately […]

Hedge Fund Roach Motels Might Just Be a Blessing

Bloomberg – The financial crisis is imposing heavy burdens on the hedge-fund industry, and the strain has become more visible. By the end of last week, about 100 hedge funds imposed restrictions on withdrawals. Many funds have become financial roach […]

Hedge funds should beware pressure on fees

Reuters – Hedge funds should be wary of being pressured into cutting fees because of poor performance numbers during the financial crisis, a director at fund research company Lipper FMI said on Thursday. Speaking at a briefing on trends for […]

Hedge funds forced to adapt or die

International Herald Tribune – The mergers and acquisitions business is about to take a deep dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling […]

Transcript: Howard Lutnick

Welcome, I’m Steve Forbes. It’s a pleasure and privilege to introduce you to our featured guest, Cantor Fitzgerald CEO Howard Lutnick. He’ll tell us why October was his company’s best month ever. But first…This ongoing financial crisis is driven by […]

UBP sees ‘unique’ opportunities in hedge fund segment

GENEVA (Reuters) – Union Bancaire Privee (UBP) aims to reinforce its presence in the hedge funds segment as rivals feel the pressure from the prolonged financial crisis, a senior bank official said on Tuesday. "Only the best will survive and […]

Citi Prime Brokerage Singapore Head Leaves Co-Sources

CNN Money – In another sign the financial crisis is hitting Asia’s once booming hedge-fund industry, Alexis Fosler, the head of Citigroup Inc.’s ( C) prime brokerage team in Singapore has left the company, two people familiar with the situation […]

Interview With George Soros: ‘The Economy Fell Off The Cliff’

Free Internet Press – George Soros, 78, has made billions as a hedge-fund manager and investor. Germany’s Spiegel magazine spoke with him about the current financial crisis, how he expect President-elect Barack Obama to respond to the economic disaster and […]

Funds’ Big Test: The Great Redemption Rush

BusinessWeek – The battering that U.S. stock indexes have taken since the financial crisis escalated in late September has largely been the result of forced selling by mutual and hedge funds in need of cash to meet rising redemptions as […]

Deadline nears for investors to redeem hedge fund shares

USA Today – It is last call for investors to ask for their money back from poorly performing hedge funds. Whether that is a bullish or bearish sign for battered stocks is anyone’s guess. Wall Street hopes the passing of […]

A hedge fund that actually hedges risk

Globe and Mail – This is how bad things are for hedge funds right now. On the CanadianHedgeWatch.com website, a hub for the hedge business, the lead article one recent day was headlined "The hedge fund collapse." The article, which […]

Related Posts Plugin for WordPress, Blogger...