Yearly Archives: 2008
FSA moves to make hedge funds disclose CfDs
Independent- The UK’s financial watchdog has targeted hedge funds for the second time this month, demanding more disclosure for those trying to build anonymous stakes in companies using a complex derivative, in a bid to combat market failure. The move […]
Moody’s to Launch Internal Investigation Following Ratings Errors
New York (HedgeCo.Net) – Credit rating agency Moody’s said on Tuesday that it would probe deeper into why its staff incorrectly rated approximately $1 billion of complex debt securities. While it was thought to be a computer error that caused […]
Skandia launches offshore protected fund of funds
CityWire.co.uk- Skandia has launched an offshore protected fund of funds which aims to offer capital protection alongside investment returns from the global equity markets. The Royal Skandia Protected Portfolio Investment Global Vista Life fun (PPI Global Vista) will offer exposure […]
Report Forecasts Funds Of Hedge Funds To Dominate European Market
West Palm Beach (HedgeCo.net)- According to a new report by DataMonitor, ‘Hedge Funds in Europe 2008’, the European hedge fund market is going through a period of growth but the extent of the mortgage-backed security crisis is still uncertain. The […]
Hedge fund veteran’s new firm to tackle funding
Reuters- Meeting long-term funding obligations can be the stuff of nightmares but that’s what hedge fund industry veteran Philip Duff says his new firm can do to help pension funds, endowments and insurers tackle. For years, Duff has warned these […]
Airlines try to hedge against soaring fuel costs
Daily Herald- The computer screen on Scott Topping’s desk at Southwest Airlines flickered with row after row of dates and numbers, but they had nothing to do with arrivals and departures. They tracked the price of oil futures for the […]
A Hedge Fund Manager’s Crusade To Expose Losses
NPR News- The people who run hedge funds can be famously secretive about their work. Not David Einhorn. Einhorn founded Greenlight Capital, which manages about $6 billion in assets. He recently waged a very public battle against Lehman Brothers, claiming […]
A Bear executive’s Wall Street comeback
BusinessWeek- Former Bear Stearns executive Richard Marin certainly knows a thing or two about hedge fund failures. Marin was the chairman of Bear Stearns Asset Management when the division’s two big hedge funds imploded last summer, an event that led […]
Bedrock Rolls Out Multi-Strat Fund of Funds
FINalternatives- Bedrock Alternative Asset Management in May launched its Global Diversified Fund, a fund of funds covering private equity, hedge funds, real estate and commodities, combined with traditional stock and bond investments. The fund will invest in a 15 to […]
Hedges turn to business of rescue
Financial Times- Even as politicians and regulators accuse hedge fund short-sellers of trying to bring down banks in Britain, the US and Australia, top hedge managers are providing rescue capital to prop up the ailing corporate world. The latest bail-out […]