Tag Archives: consequences

Hedge fund firm eyes carbon

Stuff – Hedge fund firm Pure Capital plans to launch a range of funds, including products playing food and carbon markets. Anthony Limbrick, chief investment officer of the New Zealand-based firm, told Reuters the Pure Carbon fund, which will be […]

Obama readies stricter rules on financial institutions

Detroit News – President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America’s troubled financial institutions, proposing the most ambitious revision since the Great Depression. The goal is to prevent a […]

G20 Still To Agree On Treatment On Tax Havens: Diplomats

Dow Jones Deutschland – Leaders from the Group of 20 largest economies have yet to agree on how to deal with tax havens, including whether to spell out sanctions on financial centers that don’t share information. An official at a […]

CBS Coverage Offers Protection for Hedge Funds

HedgeCo.Net – The "post-Madoff era" and the litigious society in which firms operate today have presented many operational risks that are beyond control. Managers are not getting paid to take those risks and the consequences can be devastating.   Regulatory investigations […]

Swedish investor Cevian Capital buys shares in Daimler

Forbes – Swedish investor Cevian Capital is acquiring shares in Daimler AG in an apparent effort to become a significant shareholder in the German carmaker, Sueddeutsche Zeitung said, citing an unnamed hedge funds manager source. It said financial sources consider […]

Embattled UBS wraps up bumper rights issue

FRANKFURT (Reuters)- UBS has wrapped up a 16 billion franc rights issue, the Swiss bank’s second effort to resuscitate finances that have been ravaged by the global markets crisis. It is the latest in a line of major banks including […]