Tag Archives: international-herald-tribune


US hedge fund manager arrested in Hong Kong

International Herald Tribune – A Silicon Valley hedge fund manager has been arrested in Hong Kong on charges that he bilked investors out of at least $5 million. According to a criminal complaint unsealed Wednesday in San Jose federal court, Albert […]

U.S. hedge fund takes HSBC short

International Herald Tribune – U.S. hedge fund Harbinger Capital is the first company to declare a short position in HSBC following the bank’s record rights issue, after making millions from a similar tactic with UK bank HBOS last year. Harbinger said […]

Bill in US Senate would regulate hedge funds

International Herald Tribune – Two senior senators have introduced legislation to impose U.S. government oversight on hedge funds. The legislation by Senator Carl Levin, a Democrat of Michigan, and Senator Charles Grassley, a Republican of Iowa, was filed Thursday while the […]

Inquiry started of financier who invested with Madoff

International Herald Tribune – J. Ezra Merkin, a New York financier, wrote his investors last month that he too was shocked by the news that Bernard Madoff’s hedge fund was an elaborate Ponzi scheme. But not everyone sees him as a […]

Polar Capital managed assets fall 22 percent

International Herald Tribune – Fund manager Polar Capital Holdings said on Friday that assets under management in the nine months to December fell by 22 percent to $2.45 billion (1.65 billion pounds), due to market deterioration. The fund manager, which runs […]

Debt Crisis for New York Times Hedge Fund Shareholders

West Palm Beach (HedgeCo.net) – Some analysts are saying that the mighty New York Times might be headed down the same path as the bankrupt Tribune Company, owner of the Chicago Tribune and Los Angeles Times. Hedge fund shareholders, Harbinger […]

Outsourcing at hedge funds on the march

International Herald Tribune – It used to be that if you wanted a job done properly, you did it yourself. That no longer holds for the administration of hedge funds. The practice of doing middle- and back-office administrative work in-house, especially […]

Game changes for hedge funds

International Herald Tribune – Hedge funds have suffered a shakeout in 2008. The average hedge fund fell almost 20 percent, according to Hedge Fund Research. No fund has yet required a bailout. But many won’t be around in the new […]

Merkel urges EU to approve German bank aid

Forbes – German Chancellor Angela Merkel on Thursday called on the European Commission to quickly approve Germany’s planned aid for lender Commerzbank as part of its bank rescue package. Germany is in a dispute with the Commission over whether the […]

Related Posts Plugin for WordPress, Blogger...