Tag Archives: current-rate


US hedge funds face draconian tax proposals

Hedge Funds Review – US hedge fund managers could be subject to higher personal taxes if changes to the taxation rules included in President Barack Obama’s 2010 budget proposal are adopted. The budget proposal includes measures to treat carried interest […]

AIG share crash means more pain for top U.S. funds

Reuters – Fidelity Investments’ Harry Lange, manager of its one-time star Magellan fund, made what now looks like a poorly timed move in June: he nearly doubled his holdings of AIG. Lange, who has already seen other financial bets sour, […]

Hedge funds suffer further pain

Reuters UK – The bankruptcy filing of Lehman Brothers is another blow for the hedge fund industry, but at least the damage is limited from here for funds exposed the U.S. investment bank. Even legendary fund manager George Soros, who […]

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