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Porsche runs down hedge funds

Globe and Mail - Since many hedge fund managers like to drive Porsche roadsters, it’s somehow appropriate that the German auto maker just ran them down.
The European hedge fund community took a pounding Monday covering short positions in Volkswagen. Shares in the auto company doubled Monday on a short squeeze that came after Porsche announced […]

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Living on the hedge

Business24-7 - With the UAE stock markets in turmoil it is vital investors re-examine their portfolios.
This week the Abu Dhabi and Dubai stock exchanges suffered their worst trading sessions for almost seven months while Dh65 billion has been wiped off their value in August alone.
Now a number of financial advisors are urging investors to diversify […]

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Funds risk heavy losses from binge investments

Financial Times- Private equity and hedge funds risk suffering massive losses from a binge of investments in the troubled North American automotive industry.
Many of the funds saw turnround opportunities in the sector in 2005 and 2006 when suppliers were squeezed between rising commodity prices, cutbacks by the three Detroit carmakers, and customers’ demands for lower […]

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