Tag Archives: severe-losses


Hedge Fund Pharos Reports on the Russian Investment Landscape

West Palm Beach (HedgeCo.net) -The events of 2008 were dramatic everywhere in the world, but particularly so in Russia.  Despite the decline of  – 74.2% for the MSCI Index in 2008, the Pharos Russia Fund produced a positive 3 year […]

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 […]

Misunderstood hedge funds suffered in mid-match rule change

Times Online – Hedge fund managers are spivs and speculators, directly responsible for creating carnage in the world’s financial markets and threatening the future of high street banks. At least, that’s what some argue. But it is, emphatically, not true, […]

Quant traders limit risk as losses mount

Reuters UK – Robust returns for a group of powerful hedge funds that thrived for years using sophisticated trading programs may be a thing of the past after a "Black Swan" event hit global markets this year. The carnage in […]

Cayman Islands in the Foreign Press

Caymen Net News – Insolvency lawyers in Scotland should take an interest in a bankruptcy case in the Cayman Islands involving two Bear Stearns hedge funds and an American judge with the wonderful name of Burton Lifland. The issue is […]

Traders, Hudge-Fund Mgrs Whistle Past Wall Street Graveyard

CNNMoney.com – Wall Street equity traders usually thrive on volatility, but the latest arrival of carnage on their doorstep has distracted and confounded them. This habitually brusque bunch is even more harried than usual, worrying about their livelihoods and the […]