Yearly Archives: 2008
Hedge funds suffer mass redemptions
Independent – Hedge funds could have an unprecedented level of cash pulled out by investors this quarter, according to insiders, just as they faced millions of pounds of losses from last week’s shock regulation of short selling. It has been […]
Crisis to spur big Asia hedge fund shake-out
Reuters – Asia’s hedge fund industry, one of the world’s worst performers even before the latest surge in volatility, will see a major shake-out as the global financial turmoil shuts down a huge swath of managers. Few in the industry […]
Hedge funds plan to sue FSA over short-selling ban
Daily Telegraph – Lawyers are being galvanised on behalf of a raft of hedge funds which claim the financial watchdog has illegitimately extended its powers and caused "wide-spread capital destruction." One said: "The FSA’s remit is to maintain orderly markets […]
A Hedge Fund Like No Other
Washington Post – Given the panic in Washington over the financial markets, it is virtually certain that Congress will soon pass some form of the bailout plan the Treasury put forward last week. This is not an ideal proposal, particularly […]
Hedge Funds Urge SEC to Reconsider Position on Shorting
New York (HedgeCo.Net) – While many are looking to point the finger for the current financial crisis the country is in, many believe hedge funds are not to blame and any restrictions that ban short selling should be reconsidered. Many […]
MSCI Barra Joins Morningstar Arrangement
West Palm Beach (HedgeCo.net) – MSCI Barra and Morningstar have entered into an arrangement to calculate and distribute hedge fund indices jointly. “We are delighted to be working with Morningstar, and believe that this exciting development will greatly benefit all […]
Central banks may expand range of collateral
Washington Post – Central banks in the United States, Europe and Japan will consider taking foreign-denominated assets as collateral in an effort to provide liquidity for battered financial markets, the Nikkei newspaper said on Sunday. Currently most central banks only […]
Citadel resolves spat with JP Morgan
JP Morgan Chase & Co and Citadel Investment Group resumed trading with each other on Friday, one day after the bank had cut off the hedge fund over a hiring dispute, a person familiar with the matter said. "The dispute […]
SEC Pushes Hedge Fund Oath in Manipulation Probe
Bloomberg – The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms. Investors with “significant” […]
Europe’s MPs push for hedge fund transparency
Times Online – The European Parliament will support calls tomorrow for Europe-wide legislation aimed at making the inner workings of hedge funds and private equity more transparent. The proposals – championed by Poul Nyrup Rasmussen, the Socialist MEP and a […]