Tag Archives: investment-arm


Even hedge funds with gains face redemptions

Reuters – Even hedge-fund managers with portfolio gains are in trouble this year. Dozens of managers who are outperforming the market and their troubled rivals with gains of as little as a few percent or as much as nearly 100 […]

Dillard’s shareholders demand access to records

Reuters – Two activist hedge funds of Dillard’s Inc are demanding access to inspect the retailer’s books and records, seeking greater transparency from the department store chain’s executives and family members. Dillard’s shares jumped 18 percent in Monday morning trading. […]

Deutsche Boerse reignites exchange merger talks

Reuters – In the world of stock exchanges, bigger is better. And although Deutsche Boerse AG said on Sunday that merger talks with NYSE Euronext had ended with no result, exchanges will still have to make cross-border mergers to contain […]

Hedge funds extend losing streak in November-data

Reuters – Hedge funds around the world extended their losses last month when the average portfolio declined 1.41 percent amid fresh stock market turmoil, data released on Friday shows. The average hedge fund lost 17.70 percent in the first 11 […]

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 […]

Merrill’s Thain seeking 2008 bonus of $10 million

Reuters – Merrill Lynch & Co Chief Executive John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered company’s compensation committee is resisting his request, the Wall Street Journal […]

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 […]

John Paulson’s Advantage funds make more money in November

Reuters – Hedge fund manager John Paulson told investors that he made money again in November, leaving his biggest funds with double-digit gains for the year at a time many prominent rivals are nursing heavy losses. Paulson’s roughly $5 billion […]

Hedge fund “cowboys” damaging industry

Reuters UK - Hedge funds are suffering "tremendous" reputational damage because promises to make money whichever way markets move have not been fulfilled, although in the long run the industry will benefit from the shake-out, Veritas Asset Asset Management manager Ezra Sun […]

UPDATE 2-Thomas H. Lee mulls shrinking 2 funds

Reuters – Private equity investor Thomas H. Lee may shrink or shut down two funds that had $1.5 billion in assets after suffering losses of about 40 percent this year, the Wall Street Journal reported on Thursday, citing people familiar […]

Hedge funds in EU will be regulated

Reuters – Hedge funds in the European Union will be regulated following a public consultation that is currently underway, a senior EU official said on Wednesday. "On hedge funds, we have used as our basis that they must be regulated," […]

GM, Chrysler considering bankruptcy to get bailout: report

Reuters – General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions. In response to automakers’ bailout […]

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