Tag Archives: turbulent-financial-markets

Wealthy cut back hedge funds but no firesale

Reuters – Wealthy investors are cutting back exposure to hedge funds after disappointing returns but are not exiting the sector wholesale, and are likely to come back again once markets have calmed down. High net worth individuals have been key […]

Lone Pine, Traxis Lead Funds Betting on India Stocks Recovery

Bloomberg – Lone Pine Capital LLC, run by Stephen Mandel, and Traxis Partners LLC are among 56 overseas funds that registered to buy shares in India in July, the most in six months, betting on a recovery in stocks. Helios […]

Amidst Rumors About Jobs Health Problems, Apple Shares Drop

eFluxMedia- Quoting an unnamed Wall Street source, the New York Post said that Apple’s hedge fund investors are very worried after Steve Jobs appearance at MacWorld 2008. In June, Apple downplayed the rumors rumors and speculations regarding Steve Jobs’ health. […]

Wall Street Cuts Off Paramount: No Takers For $450 Million Movie

The Business Sheet- After spending nine months trying to close a $450-million film financing deal to offset the cost of 30 upcoming movies, Paramount has been forced to give up the chase. The studio was working with Deutsche Bank to […]