Tag Archives: oeh
What Makes Me Bearish? Hedge Fund Sales on the Horizon
Seeking Alpha – Investors pulled at least $43bn from U.S. hedge funds in September as market turmoil led to unprecedented withdrawals, an analysis by a leading research house shows. The data from TrimTabs Investment Research – which was to be […]
Legg Mason unit eyes distressed sales: report
Tehran Times – Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc, is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the […]
A Gloomy Picture for Hedge Funds
New York Times – Hedge funds’ annus horribilis is getting worse. The average fund, after losing nearly 5 percent in the first eight months of the year, was down an additional 7 percent in September, according to Hedge Fund Research. […]
Uncertainty hangs over hedge funds
Denver Post – First, the money rushed into hedge funds. Now, some fear, it could rush out. No one expects a wholesale flight from the nearly $2 trillion world of hedge funds, but even a modest outflow could reverberate through […]
Hedge Funds Are Bracing for Investors to Cash Out
New York Times – First, the money rushed into hedge funds. Now, some fear, it could rush out. Even as Washington reached a tentative agreement on Sunday over what may become the largest financial bailout in American history, new worries […]
RAB Capital plans to revamp flagship fund
Financial Times – RAB Capital is planning to restructure its flagship hedge fund, which plunged more than a third this year, and offering investors lower fees in return for agreeing not to withdraw their money for three years. It is […]
Hedge fund Ore Hill limits redemptions
Reuters – Hedge fund Ore Hill Partners, which specialises in credit strategies, has barred clients from redeeming their money from its flagship offering, imposing a freeze just as investors clamored for an exit, the company said on Friday. The firm, […]
FBI probes IndyMac Bank for possible fraud
Montreal Gazette- IndyMac Bank is under investigation by the FBI for possible fraud involving home loans made to risky borrowers, the Associated Press reported yesterday, citing an unnamed law enforcement official. The report said it was not immediately clear how […]
Hedge fund puts freeze on withdrawals
Investment News – Investors in Sandelman Partners LP’s $3.2 billion multistrategy hedge fund will not be able to make withdrawals due to a restructuring of the fund, The Wall Street Journal reported. The announcement came after 20% of stakeholders in […]
