Tag Archives: angela-merkel
Barratt shares soar on hedge fund interest
Financial Times – Shares in Barratt Developments led the housebuilding sector higher on Monday morning as it revealed a US fund manager had increased its stake in the heavily-indebted company to more than 6 per cent. Polaris Capital Management, a […]
Merrill, Citigroup to Buy Back $30 Billion in ARS
New York (HedgeCo.Net) – Merrill Lynch and Citigroup, two banks that have already written down billions in losses, will buy back $30 billion in auction-rate securities as part of an agreement with regulators. This comes after the threat made by […]
How to set up a hedge fund
1 Chose a name A posh part of London or New York can be suitable, as in Pershing Square Capital, Cheyne Capital and Thames River Capital. Or you could choose something slightly aggressive such as Tiger Capital, Citadel Capital or […]
Hedge funds expand role as small business lender
Guardian.co.uk – Hedge funds are known for playing many roles on Wall Street, but last-resort lender to small businesses that are turned down by banks is hardly one of them. Yet with the credit crunch pushing many major U.S. banks […]
Man who foresaw credit crunch pays himself £28m
Irish Independant – The fund manager who predicted that the credit crunch would rip a hole through the banking sector has been rewarded with £28m (€35m) in pay and bonuses. Crispin Odey trousered the bulk of the profits made by […]
New York Hedge Funds Need Quick Turnaround
New York (HedgeCo.Net) – New York’s top 100 hedge funds are in trouble and can’t seem to get out of the red, according to performance reports obtained by the New York Post. Prominent hedge funds are still trying to recover […]
Retail access to hedge funds: Yes or no?
FierceFinance- Hedge fund regulation is a hot topic right now. But we’ve heard only a little about that perennial issue: whether retail investors should be allowed more–or less–access to funds. Current proposals, driven by the credit crunch, would make it harder […]
Hedge Fund Hotels Nurture Start-Ups
West Palm Beach (HedgeCo.Net)- Hedge funds have grown from as few as 300 funds in 1990 to more than 10,000 today. However, there has been a recent drop in new fund launches due to the recent credit crunch, closures and […]
Mitsubishi Asset Brains Plans to Start a Fund of Hedge Funds
Bloomberg- Mitsubishi Asset Brains Co., an investment advisory firm of the Mitsubishi financial group, plans to start a fund of hedge funds as it seeks to invest in managers that can make money in falling markets. The company aims to […]
Cayman Islands Sets Milestone with 10000 Registered Funds
ITNews- Recent second quarter figures from the Cayman Islands Monetary Authority (CIMA), have confirmed the achievement of a key milestone by the Cayman Islands financial services industry, with more than 10,000 investment funds currently registered in the jurisdiction. At the […]
Credit crunch to sting into next year
Reuters UK- A near one year-old credit crunch still has plenty of venom and will sting global financial markets and the economy well into next year or even into 2010, a Reuters poll found. On the eve of its one-year […]
