AFP - Is it more painful to see the value of your fund disappear as the global economy crumbles, or for another man to punch you as hard as he can in the face?
For Elliot "The Machine Gun" Odell, a 32-year-old Briton working in the hedge fund industry in Hong Kong, the chance to find […]

West Palm Beach (HedgeCo.net) - Research and Markets announced the addition of a new report, "Asia-Pacific Capital Markets Handbook 2009".
With increased investment and stability in the region, the Asia-Pacific capital markets have experienced rapid growth over the […]

Washington Observer Reporter - Wall Street’s initial enthusiasm about a $586 billion Chinese stimulus package fizzled Monday, as investors succumbed to anxieties about how U.S. companies will survive a severe pullback in spending.
Stocks got a short-lived boost from China’s plans to boost its economy through a mix of spending, subsidies, looser credit policies and tax […]

Chicago Tribune - The credit crunch and global economic recession have squeezed many independent filmmakers, who were already struggling from a glut of films and a shortage of funds even before the global economy went into a tailspin last month.
While the major studios have long-term deals in place to co-finance their movies, independent producers aren’t […]

Opalesque - For the US financial markets, as the credit crisis unfolded there was, along with the desire for immediate action, a sense that the government was taking temporary steps until the election would decide which administration would be the next to hold office.
As the November 4th election has determined the next US […]

Bloomberg - Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling.
Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, virtually guaranteeing investors get their money back, based on historical recovery rates, according to data compiled […]

RK Capital Management LLP, the metals hedge-fund firm co-founded by Michael Farmer, lost as much as 30 percent last month amid falling copper and aluminum prices, according to an investor with the firm.
The declines cut the combined returns of the firm’s five funds to about 2 percent this year, said the investor, who asked not […]

Globe and Mail - Once viewed as a safe haven, crude oil has lost its lustre as investors bet that the crisis in financial markets will hurt an already weakened global economy and drive down petroleum demand.
At the same time, speculators who piled into oil and other commodities on the way up have reversed course, […]

Reuters UK - Vulture funds are finally saying debt from Spanish retailer Cortefiel is now cheap enough to buy, after waiting for months to see prices of the struggling company’s debt fall further.
The funds, which have raised billions of dollars to invest on the hopes that a worsening global economy will depress debt prices, are […]

Reuters- Fund managers are gloomier about equities than at any time in at least the last 10 years and aversion to risk is close to what it was during the Bear Stearns crisis in March, a Merrill Lynch poll showed on Wednesday.
In its July poll of 191 global fund managers, the investment bank also found […]