Tag Archives: credit-cards


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 […]

Now, hedge funds to be bailed out

domain-B – Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200-billion programme intended to support consumer credit. The new programme is aimed at injecting credit for consumers and small businesses […]

Hedge funds see huge outflow of money, $210 bn

Commodity Online – Steep performance losses and record investor capital redemptions reduced the size of the hedge fund industry by $210 billion in 3Q08. This represents the largest historical quarterly decline in assets, according to data released the other day […]

Hedge funds suffer further pain

Reuters UK – The bankruptcy filing of Lehman Brothers is another blow for the hedge fund industry, but at least the damage is limited from here for funds exposed the U.S. investment bank. Even legendary fund manager George Soros, who […]

Investors, Markets Lift Assets 4% in 2Q Hedge Funds

On Wall Street – Assets held in hedge funds grew 4.41% during the second quarter, to $2.973 trillion, according to data released Monday. HedgeFund.net reported in its survey of hedge administrators that investors allocated $34.21 billion to hedge funds in […]

Emerging-market hedge funds gain traction

InvestmentNews – Emerging-market strategies gained some momentum during the quarter ended June 30, but are still struggling, according to Hedge Fund Research Group LLC of Chicago. HFR reported today that emerging-market hedge funds took in $995 million during the second […]

Hedge Fund Assets Approach $3 Trillion

A new report released Monday by HedgeFund.net estimates the assets under management by hedge funds have reached nearly $3 trillion. According to the report, hedge fund assets increased 4.41 percent last quarter, in spite of rough equity markets, to reach […]

BlackRock tops retail fund sales

Reuters UK – Fund firm BlackRock held onto the top spot for net sales of British funds to retail investors in the second quarter, according to industry data, helped by sales of its hedge fund-style UK Absolute Alpha fund. BlackRock […]

Blackstone’s income falls, but beats expectations

International Herald Tribune – Blackstone Group, manager of the world’s largest leveraged-buyout fund, said Wednesday that second-quarter profit beat analysts’ estimates as gains from hedge funds offset a decline in private-equity takeovers. Net economic income, a measure that excludes some compensation […]

Hedge Fund Business Lifts Profit for Blackstone

New York Times – The Blackstone Group may be best known as an immense private equity firm, but the firm’s earnings report on Wednesday made it clear that Blackstone has been buoyed by its hedge fund operations. Blackstone reported $165.6 […]

Investments in Asia hedge funds halved

Reuters Singapore – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky assets, data showed. Asia-focused […]

Investments in Asia hedge funds halved in Q2

Reuters – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky assets, data showed. Asia-focused hedge […]