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Long-only funds to dominate shareholder mix

Reuters - Traditional long-only mutual funds are set to dominate shareholder registers again as the hedge fund industry shrinks and retail investors continue to stay away, according to Morgan Stanley.
Meanwhile, with institutions, including hedge funds, deleveraging aggressively, emerging markets equity issuance is set to fall to 10 percent of total volume in Europe, Middle East […]

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Hedge funds plead with US SEC to let short ban expire

Forbes - Lobbyists for the $2 trillion hedge fund industry made a last ditch effort Wednesday to convince U.S. securities regulators to let an emergency order prohibiting short selling in more than 950 financial firms expire Thursday.
"The orders have not prevented price declines of financial institutions, volatility in the securities of these firms, or […]

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Ex-Samsung chief handed 3-year suspended jail term

Reuters- Former Samsung Group chief Lee Kun-hee, one of South Korea’s most powerful businessmen, was handed a 3-year suspended jail sentence on Wednesday for tax evasion, but was cleared of other charges.
The court also fined Lee 110 billion won ($109 million), more than double the amount of […]

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