Tag Archives: millionaires


Helios Plans India ‘Slumdog Millionaire’ Stock Fund

Bloomberg – Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp., plans to start a “Slumdog Millionaire” fund that will buy underperforming shares of Indian companies. “We want to find slumdogs from the Indian equity markets […]

Flash is out for U.S. wealthy on Valentine’s day

Reuters – Flashiness is out and subdued celebration is in among wealthy Americans on Valentine’s Day. As the economic crisis spreads and conspicuous consumption loses its luster, hedge fund millionaires and oil barons are shunning eye-catching items like yellow, red […]

Wealthy wary of putting new money in hedge funds

Reuters – Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios posted record losses last year, a top industry executive said on Thursday. "We have probably seen the worst […]

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