Monthly Archives: August 2007

Seattle Times- Money-market funds were invented 37 years ago to offer investors better returns than bank savings accounts while providing a high degree of safety. Most of the $2.5 trillion sitting in these funds is invested in such assets as […]

MSNBC- Sentinel Management Group, a US money manager at the centre of recent market turmoil, was Monday charged with fraud and misuse of client assets by the Securities and Exchange Commission. The problems at Sentinel have been the cause of […]

Financial Times – The movement of crude oil and natural gas prices in the past two weeks has caught the energy market by surprise as hedge funds liquidate their positions en masse and cause a sudden change in the directions […]

Reuters- Hedge fund manager Man Group Plc said on Friday three directors had bought more shares in the company whose share price has fallen sharply amid the sell-off in global equity markets. Man said non-executive Deputy Chairman Stanley Fink, who […]

DAWN Group-  The sub-prime mortgage loan crisis in the US, which has led to a global meltdown of stock indices, has had a devastating impact on the Indian capital market. But the Indian rupee,which has been gaining strength, has finally […]

  GulfNews.Com- Borse Dubai, the holding company of Dubai Financial Market and the Dubai International Financial Centre that controls 28.4 per cent shares of OMX is likely to find the support of hedge funds and institutional investors, according to investment bankers […]

  Reuters Italia- Every year, hundreds of funds and fund managers have quietly left the industry, which now manages $1.75 trillion (880 billion pounds). But this year, their exits will be more numerous after a meltdown in subprime mortgage investments […]

  Economic Times- At a time when the Indian equity market has been volatile, a top performing US-based, India-dedicated hedge fund has decided to reopen one of its main funds to raise additional capital. Massachusetts-based Monsoon Capital, founded by a […]

Economic Times- When the dust raised by the subprime fiasco settles, hedge funds will have the option to trade directly in India. Capital market regulator Sebi has decided to allow hedge fundsto register directly as foreign institutional investors (FIIs). “We […]

Daily Telegraph- Masters of the Universe. The new investment bankers. Hedgies. Whatever name you choose to describe hedge fund managers, it is always a positive one. That was until last Thursday,when trading screens turned red across the globe and the […]

Bloomberg- Billionaire Eli Broad, who’ll help shore up Goldman Sachs Group Inc.’s Global Equity Opportunities Fund, said art prices will decline as a result of losses by hedge funds and other largecontemporary art collectors. “Many of the buyers of contemporary […]

Chicago Sun-Times- After experiencing a 21st century, hedge-fund version of a run on the bank this week, Sentinel Management Group assured clients that it’s looking to give them their money back byselling assets. “Sentinel is in the process of discussing […]