Tag Archives: economic recovery
Hedge-Fund Assets Rose by $21.4 Billion in August
Blomberg – Hedge-fund assets increased by $21.4 billion in August as managers completed their best year- to-date return in almost 10 years, driven by rising stock markets amid signs of economic recovery, Eurekahedge Pte said. Assets grew for a fourth […]
Cayman Islands Current Financial Position – Not Bankrupt
West Palm Beach (HedgeCo.net) – In a statement outlining the Cayman Islands financial position, the Hon. McKeeva Bush, Leader of Government Business/Premier Designate issued a statement regarding recent media coverage suggesting that the Cayman Islands is bankrupt, “We can confirm […]
Gold toys with $1,000 mark, eyes U.S. jobs report
Reuters – Buying of gold exchange-traded funds picked up, with holdings of the largest, New York’s SPDR Gold Trust, posting its biggest one-day percentage rise since March. That buying underscored a fresh burst of investor interest from those seeking a […]
Threadneedle to Expand Fund Size as Commodities Rally
Bloomberg – Threadneedle Asset Management Ltd. is seeking to increase its commodity fund to as much as $1 billion in the next two years as the global economic recovery drives a rally in oil, sugar and metals. The London-based hedge […]
Declines In External Debt Elevates Concern For Global Recovery
New York (HedgeCo.net) – Hennessee Group LLC, an adviser to hedge fund investors, voiced concern in early 2009 that the global financial crisis could enter a new and more dangerous phase, one that could push several international countries to the […]
Uzbeki/Khazakh Hedge Fund Market’s Decline Slowing
HedgeCo.net (West Palm Beach) – Uzbekistan hedge fund manager, Ansher Fund Management, has reported that their flagship hedge fund, Ansher Regional Property Fund, (ARPF) has maintained its performance moderately stable at –0.37% during April-June 2009 despite the still lagging property […]
World stocks push up to 9-month highs
Reuters – World stocks pushed up to 9-month highs on Friday, cutting demand for government bonds as euro zone manufacturing and services reports beat expectations, fuelling optimism about economic recovery. The euro hit a session high against the dollar and […]
Stock futures flat ahead of retail, jobless data
Reuters – Wall Street was set to open flat on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy. * Investors will watch a 30-year treasury note auction for […]
Och Stores Up Cash as Funds Brace for Stock Losses
Bloomberg – Daniel Och had about 35 percent of his $20 billion of hedge-fund assets in cash during the first quarter because he suspects global stock markets will start falling again. “The world will not just bounce back to where […]
GLOBAL MARKETS-Investors lift stocks, look past banking worry
Alibaba News Channel – Investors generally put aside recent worries about the world economy and banking industry woes on Thursday, sending global stocks higher and reversing safety flows into the Japanese yen. Mixed earnings plagued European markets, however, with Credit […]
