Monthly Archives: November 2009

The New York Times – Trying to prevent a run on its banks, and financial turmoil that some fear could spread globally, the United Arab Emirates helped calm financial markets Monday with its pledge to lend money to banks operating […]

WSJ – Aberdeen Asset Management PLC (ADN.LN) Monday said it is winning new business and is in a good position to expand further, after reporting a sharp rise in the assets it manages to GBP146.2 billion, mainly from its acquisition […]

WSJ – Hedge funds are poised to register their best investment returns for a decade, staging a remarkable turnaround as some of last year’s worst-performing funds leap to the top of the tables. Figures published by data provider Hedge Fund […]

Bloomberg – Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poor’s 500 Index is poised to extend its gains. About $37.3 billion […]

Economy Watch – Dubai has just announced that it will ask for a six months ‘standstill’ in debt repayments for stated-owned holding company Dubai World, “as a first step towards restructuring”. Dubai World has $59 billion in outstanding debt, a […]

Bloomberg – Neuberger Berman Group LLC, the money manager that bought itself out of Lehman Brothers Holdings Inc., is considering providing startup capital to hedge-fund managers in Asia for the first time as it expands in the region. Its fund-of-hedge-funds […]

Reuters – A potential 150 billion pounds fund covering British workers without pensions from 2012 should invest in alternative assets like property and hedge funds, a consultation of future stakeholders showed on Wednesday. Private equity and commodities should also be […]

Reuters – Hedge funds are far from popular, but one lawyer thinks Pennsylvania voters will support his calls for banning corporate bailouts, putting an end to “too big to fail” and taking the bulls-eye off fund managers. Christopher Paige, 38, […]