Category Archives: Greece

A $12 Billion Asset Manager Wants Out of the Hedge Fund ‘Fee Racket’

(Bloomberg) South African money manager Sygnia Ltd. closed all its hedge-fund products, ending a 13-year history with an investment strategy its chief executive officer now calls a ruse to pocket fees. To read this article:

Bold hedge funds mull risky Greek debt battle

(Reuters) – Some hedge funds are refusing to join Greece’s bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country’s debt. Greece’s private creditors have until Thursday […]