Author Archives: the HedgeCo News Team
Lehman failure dogs Evergreen Solar
Boston Globe – Evergreen Solar Inc. got a shock when Lehman Brothers Holdings Inc. went bankrupt last month: The solar panel maker lost control of almost 31 million shares of its stock. How that happened is the subject of a […]
Presidential Elections & US Investments – Report
West Palm Beach (HedgeCo.net) – Amidst the recent turmoil in the global financial markets one of the most influential and highly contested Presidential elections is taking place in the United States on the 4th November. With these elections rapidly approaching, […]
Greenwich Lean Time
New York Observer – On a recent Friday afternoon, Terry Betteridge, owner of Betteridge Jewelers (est. 1897), was discussing the state of business on sun-drenched Greenwich Avenue in Greenwich, Conn., as the world at large continued to gasp and gawk […]
Buyout, Hedge Funds Will Be Next Dominos to Drop: Matthew Lynn
Bloomberg – If Sherlock Holmes were analyzing the credit crunch, he would be drawing our attention to the dog that didn’t bark, just as he did in “The Hound of the Baskervilles.” The dog, of course, would be hedge and […]
Hedge funds slam ban extension
Financial Standard – The hedge fund industry has condemned the Australian Securities and Investments Commission’s (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ban […]
Competition Becomes Fierce for Financial Jobs
West Palm Beach (HedgeCo.net) – Employment offers in financial services fell by 11% in September compared to 6 months ago, according to Powerchex Limited, a pre-employment screening firm for financial institutions. Research by Powerchex showed that Investment Banks made […]
Finvest Launches Offering and FOHF Allocation
West Palm Beach (HedgeCo.net) – Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure. The total offering is for […]
Cruz Eyes Return a Year After Morgan Ouster
Street.Com – Zoe Cruz, the Morgan Stanley co-president pushed out by the firm late last year, is eyeing a role at an asset management firm, or possibly raising money to start a hedge fund, according to a person familiar with […]
How Nat the ex-playboy is set to become a central character in Tory Corfu holiday saga
Daily Mail – One of the most beguiling questions in the Mandelson-Deripaska affair is how did Nat Rothschild become a central figure? The answer is in the way the 37-year-old scion of the banking dynasty does business. Rothschild has enviable […]