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Fearing financial trouble hedge funds flee Morgan Stanley

on Friday, September 26th, 2008 at 12:00 am

Hindu Business Line - Worried that global financial services provider Morgan Stanley may land into financial troubles like Lehman Brothers, several hedge funds fled the bank resulting in a loss of billions of dollars in its prime brokerage business last week, a media report says.
“Many of the world’s biggest hedge funds moved their assets […]

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Canada’s Sceptre Hires NY Hedge Fund Manger FGG

on Monday, July 21st, 2008 at 12:00 am

West Palm Beach (HedgeCo.Net) New York-based Fairfield Greenwich Group ("FGG"), a $16.6 billion global hedge fund and fund of hedge funds management firm has formed a cooperative venture with Sceptre Investment Counsel Limited, one of Canada’s leading independent money management firms.
The venture sees two of the oldest, most established, and most accomplished management firms […]

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