Yearly Archives: 2008
Ansher Frontier Funds Up in October
West Palm Beach (HedgeCo.net) – Alternative investor Ansher Holding Limited, which is focused on investments in Central Asia and the Caucasus, has reported their equity long/short hedge fund is up 13% YTD. “Central Asia and the Caucasus region have emerged […]
Porsche runs down hedge funds
Globe and Mail – Since many hedge fund managers like to drive Porsche roadsters, it’s somehow appropriate that the German auto maker just ran them down. The European hedge fund community took a pounding Monday covering short positions in Volkswagen. […]
What Mortgage Crisis? Lender Shells Out Massive Cash for Jets Tics
New York (HedgeCo.Net) – At least David Findel can never be called a band-wagon fan. The owner of mortgage-lender Financial Resources just agreed to pay a record $400,000 to the rights to two of the best seats at the new […]
Wall Street Survivor – Virtual Stock Portfolios
West Palm Beach (HedgeCo.net) – A new online game has been brought to my attention, it’s called Wall Street Survivor, where novice investors can contemplate their present and future investment plans without gambling with their hard earned savings. As volatility […]
Schroedinger’s cat revisited
RGE Monitor – “I do not know which makes a man more conservative – to know nothing but the present, or nothing but the past.” – John Maynard Keynes, ‘The End of Laissez-faire’. It is sometimes useful and always amusing […]
Hedge funds taking it on chin; losses expected to fuel mergers
Globe and Mail – Hedge fund manager Ravi Sood is having a rough time navigating through the tsunami that has hit stock markets around the world. The stellar record of his Lawrence Partners Fund suffered a 48-per-cent hair cut in […]
RAB Capital Halts Redemptions on Second Fund This Year
New York (HedgeCo.Net) – One month after RAB was forced to revamp their flagship fund, the British hedge fund is halting redemptions on their Energy Fund. After losing more than 50% of its value this year, RAB has informed investors […]
Hedge funds contemplate safer climate in US
Times Online – A new front is opening up in the battle between London and New York to be the world’s dominant financial centre. Hedge funds, and the thorny question of where they decide to do business over the coming […]
Hong Kong Says Hedge Funds Provided Inaccurate Data
Bloomberg – Some hedge fund managers provided inaccurate information to investors in newsletters and monthly fact sheets, Hong Kong’s Securities and Futures Commission said. In one instance, the hedge fund manager excluded the fund’s largest stock holding from its top […]
New York Hedge Fund Managers On Biopharmaceutical Board of Directors
West Palm Beach (HedgeCo.net) – N30 Pharma, a biopharmaceutical company focused on the discovery, development, and commercialization of drugs that regulate nitric oxide bioavailability, announced that it has completed a financing and expanded its Board of Directors. Joining the company’s Board […]
Stocks point higher as global shares jump
WBT – U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market […]