Tag Archives: barclays
Renaissance hires new CEO for institutional business
Reuters – Renaissance Technologies LLC, the multibillion dollar hedge fund known for delivering top returns by relying on complicated computer models, hired a new president and chief executive officer for its institutional business. The fund firm, which manages roughly $20 […]
Barclays Dismisses Hedge-Fund Suit Against Bear Stearns
Am Law Litigation Daily – Remember how Linklaters’ representation of Barclays in a suit against Bear Stearns cost the firm its client relationship with JPMorgan Chase? It now looks like Linklaters sacrificed its JPMorgan work for nothing. Bloomberg is reporting […]
SSgA Launches Intermediate-Term Bond ETF
Seekingalpha.com – As more investment pros warn of a bubble in Treasuries, State Street Global Advisors is launching an intermediate-term bond exchange-traded fund focused on investment-grade corporates and government debt. The SPDR Barclays Capital Intermediate Term Credit Bond ETF started […]
Paulson Pockets Big Bucks on Short Sale
New York (HedgeCo.Net) – Billionaire and hedge fund manager extraordinaire John Paulson has reportedly pocketed $139 million by betting against the Royal Bank of Scotland, further fueling cynicism that shorting aids in driving down share prices. Paulson is no […]
Hedge fund made millions short-selling on Barclays as its share price plummeted
Daily Mail – One of Britain’s most successful hedge funds made a fortune betting on a plunge in Barclays shares on the day the short-selling ban was lifted, it has emerged. Lansdowne Partners sold shares in the high street banking […]
Hedge funds may have missed out on bank share slump
LONDON (Reuters) – Hedge funds may have missed out on sharp falls in banks’ shares in recent days because few rushed in after the UK’s ban on short selling financial stocks expired on Friday, data shows. According to figures from […]
Renewed fears as Lloyds shares crash
nebusiness.co.uk – LLOYDS Banking Group became the latest casualty of the bank sector sell-off yesterday as its shares plunged as much as 47%. Royal Bank of Scotland steadied a little after Monday’s mammoth 67% fall, but doubts over the Government’s […]
Short-sellers are back with sharpened tools
WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping millions off the value of bank shares, betting […]
Hedge Funds Not Behind Sell-Off In Banks Say Experts
Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this week and prompted renewed calls to […]
Fund admits short-selling bank shares
guardian.co.uk – A hedge fund admitted yesterday it had been speculating that shares in Barclays would fall. The admission by Lansdowne Partners that it had been shorting Barclays shares on Friday – a day when the bank lost a quarter […]
Dubai leads in Islamic finance with new Shariah hedge fund index
Mena Report – The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. (SCAP.L) today announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds. The Dubai Shariah Hedge Fund Index […]
BlueGold, Clive Capital Beat Most Hedge Funds in Commodity Rout
Bloomberg – The biggest-ever decline in commodities turned Pierre Andurand and Chris Levett into this year’s heroes for investors. Andurand’s $1.1 billion BlueGold Capital Management LLP hedge fund in London almost tripled between its February debut and November by betting […]
