Monthly Archives: May 2006

FinFacts Ireland – Asian stocks continued falling on Tuesday and in Tokyo, the Nikkei-225 index closed 1.63% down, at 15,599.20 and the broader Topix index fell 2.3%. Mitsubishi UFJ Financial Group Inc. fell after the lender forecast a 37% drop […]

Times Online – CRISPIN ODEY, one of the grandees of the London hedge fund world, said yesterday that the industry could be doomed, likening it to the disaster that was the Lloyd’s of London insurancemarket in the 1980s. Most hedge […]

Euro2day – In early 2005 Chris Hohn was the toast of the City of London. His hedge fund, TCI, led the successful revolt against Werner Seifert, the former Deutsche Börse boss with a penchant for shouting at shareholders. Today, TCI […]

Euro2day – Investors in some international equity markets were handed a partial reprieve on Tuesday as a clutch of markets rebounded from the sharp falls of recent days. European markets made a strong recovery, while India’s Sensitive Index rose 3.25 […]

Financial Times – Volatility is becoming an asset class in its own right. A range of structured derivative products, particularly those known as variance swaps, are now the preferred route for manyhedge fund managers and proprietary traders to make bets […]

MSNBC – The recent distortions to equity prices that traders have created by adjusting their positions in derivatives based on market volatility should disappear in the next two to four weeks,Citigroup, the US bank, said on Tuesday. The bank said […]

Pittsburgh Post-Gazette – The popularity and high profile of hedge funds is prompting European governments to examine ways to curtail their rising power and to consider new rules for fund investors. The governments’ efforts are being championed by influential European […]

LONDON (Reuters) – The recent sharp drop in equities markets is a timely reminder of the benefits of alternative investments like hedge funds, a senior Credit Suisse bank executive told Reuters in aninterview on Thursday. The hedge fund sector had […]

Forbes – Share prices are expected to open lower as market sentiment is likely to be dampened by a retreat on Wall Street and other markets around the world, dealerssaid. On Wall Street overnight, the Nasdaq Composite Index fell 21.03 […]

Reuters – Earlier this month, Euronext asked shareholders to vote against an agenda point at the shareholders’ meeting on the principle of a merger with Deutsche Boerse. And on Monday, the Paris-based company said a deal with the NYSE would […]