Yearly Archives: 2008

Hedge Fund Asks Investors To Replace Bank Loans

West Palm Beach (HedgeCo.Net)- Hedge Fund Carrington Capital Management LLC is asking investors to lend it as much as $200 million to replace bank loans, according to the Financial Times. The $1 billion hedge fund has offered investors an 18% […]

Banks prepare for legal action against hedge funds

Irish banks are lining up with regulators in Britain and Ireland, to pursue legal action against hedge funds suspected of spreading misleading information to profit from recent stock market falls. Market sources have identified at least four specialist hedge fund […]

Polar picks up stocks from distressed hedge funds

LUXEMBOURG (Reuters)- Fund boutique Polar Capital said it has been buying up mid and small-cap stocks from hedge funds forced into distressed sales, and sees further forced selling this year as tough conditions prevail. The comments from Polar Chief Executive […]

Hedge funds: heads I win, tails you lose?

Atlantic Online- Now imagine that we set up a hedge fund with $100m from investors on the normal terms of 2 per cent management fees and 20 per cent of the return above a benchmark. We put our $100m in […]

JGB futures dip, take breather from volatility

TOKYO (Reuters)- Japanese government bond futures fell on Monday in holiday-thinned trade, taking a breather from the volatility seen last week when hedge funds and other players rushed to unload loss-making trades. Market anomalies such as negative long-term swap spreads […]

“Impaired life” annuities set for robust growth

Reuters- With healthy pensioners living ever longer, at a cost to the annuity industry, providers of "impaired life" annuities to smokers and the sick are carving out a rewarding niche that looks set for heady growth. With longevity rising, extended […]

Unveiling sovereign wealth funds

Bangkok Post- It hasn’t been very long since acronyms such as ARM, Alt-A, MBS, CDO, or CDS began appearing in the financial news. Now it is the turn of Sovereign Wealth Funds (SWFs). These funds, which are mostly owned by high-saving […]

UK hedge fund suffers as JGB trade goes sour

Financial Times- A $3bn London hedge fund lost more than a quarter of its value on Monday as it became the biggest victim of the unwinding of a popular Japanese government bond trade. Endeavour Capital, run by former Salomon Smith […]

Spinvox stays in the game

BBC News- Last.fm, Bebo and now SpinVox – three British technology companies (or at least with some British roots) which have made big money for their founders over the last year. But here’s the difference – while the founders of […]

Hedge funds deny spreading market rumours

Sydney Morning Herald- The Australian hedge funds industry, under investigation over allegations market manipulation pushed stocks lower in recent weeks, said it supports greater disclosure when investors sell borrowed shares. The Australian chapter of the Alternative Investment Management Association, which […]

Halifax Hit by Hedge Fund Short Selling and Emergency

The Market Oracle- The Halifax (HBOS), Britain’s biggest Mortgage bank shares crashed by 20% on the opening this morning as suspected hedge fund forced short selling drove the stock price sharply lower to £3.98. This was accompanied by rumours that […]

Raphael Kassin feels no sympathy for hedge funds

CityWire.co.uk- Raphael Kassin, one of the best-known fund managers in the emerging market debt sector, is bullish about his asset class and believes he is well-placed to weather current market storms. Kassin, who is A-rated for his management of the […]