Yearly Archives: 2007
Halbis launches macro fund
Reuters- HSBC Halbis Partners, the active fund management arm of HSBC Investments, has launched a global macro hedge fund and says distressed debt strategies will also offer opportunities for investors. Bill Maldonado, head of alternative investments at Halbis, told Reuters […]
Assets managed by hedge funds in Singapore jump
Earthtimes- Assets managed by hedge funds in Singapore shot up from 7.7 billion US dollars to 16.5 billion US dollars in the first half of this year, a HedgeFund Intelligence report said on Monday. Twenty new hedge funds set up […]
Kazakhs Rebuff Hedge Funds
The Moscow Times- Kazakhstan’s central bank said Friday that it was capable of stabilizing the country’s banking system after what it called a “speculative attack” by large hedge funds. “The National Bank of the Republic of Kazakhstan has … the […]
Halbis launches macro fund
Reuters – HSBC Halbis Partners, the active fund management arm of HSBC Investments, has launched a global macro hedge fund and says distressed debt strategies will also offer opportunities forinvestors. Bill Maldonado, head of alternative investments at Halbis, told Reuters […]
Prosecutors Investigating Bear Funds
CNBC – In late breaking news Dylan Ratigan says Bear Stearns is facing a criminal probe over some of its hedge funds. According to CNBC’s Charlie Gasparino, the US Attorney’s Office in Brooklyn has begun examining the circumstances behind the […]
Hedge fund Tiberius looks beyond futures trading
Reuters – Commodities fund manager Tiberius is considering diversifying beyond trading futures contracts, and joining a small but expanding group of hedge funds spreading their wings into physicalmarkets. The Geneva-based energy and commodities hedge fund manager said it was looking […]
Hedge funds participation for better price discovery
Sify- Hedge funds must be allowed to invest in commodity markets. The Forward Contracts Regulations Act has to be amended quickly as the benefit will reach more sections of the community. The banks and the financial institutions must be allowed […]
Pension Plans Stay With Hedge Funds
CNNMoney.com- In the wake of the failure of some large hedge funds — notably two from Bear Stearns (NYSE:BSC) — hedge funds’ biggest customers are staying put and even boosting allocations. Pension funds — especially public pension funds — move […]
Hovering hedge funds provide some relief for Northern Rock shares
Scotsman- Northern Rock shares rose almost 12 per cent after reports that hedge funds were moving in for a bid for the troubled bank. The mortgage lender, which was bailed out last month by the Bank of England, surged after […]
Wal-Mart wins approval to run banking centers in Mexico (AFP)
AFP-The world’s biggest retailer, Wal-Mart Stores, Inc., said Wednesday it had won approval from Mexico’s government to open banking centers in its Mexican stores. A spokesman for Wal-Mart de Mexico, Wilfred Castro, said the US retail giant was initially planning […]
Thames River Multi Hedge to raise further assets
LONDON (Reuters) – Thames River Multi Hedge fund plans to raise up to 100 million pounds innew assets, its second fundraising in a matter of months, because of investor demand for absolute return products. The 154 million pound fund of […]
COLUMN-Hedge fund nation Britain looks exposed
Reuters UK- Britain, with its dependence on property speculation, consumer debt and the spoils of high finance, is looking very vulnerable to the global credit crunch. And as for Bank of England Governor Mervyn King and his bank’s interest rate […]