Tag Archives: financial times


Tate & Lyle hurt by rumours of hedge fund share sale

January 6, 2009 : Permalink

Financial Times – The London market’s new year bounce continued into a fifth session, but Tate & Lyle missed the trend. Tate lost 8.5 per cent to 386¼p amid speculation that Harbinger, its second-biggest shareholder, might have to sell to […]

Dow scrambling to keep $15 billion Rohm takeover alive

December 30, 2008 : Permalink

Reuters – Dow Chemical is scrambling to keep its $15 billion takeover of rival Rohm & Haas alive after a surprise decision by the Kuwaiti government to scrap a joint venture with Dow, the Financial Times reported on Tuesday. The […]

UK hedge fund GAM tightens redemption controls

December 26, 2008 : Permalink

Reuters – British fund manager GAM on Wednesday said it had moved to restrict investor redemptions to once a quarter rather than once a month in its funds of hedge funds amid turmoil in the industry. A spokeswoman for GAM, […]

UBP wants independent hedge fund administrators

December 24, 2008 : Permalink

Reuters – Swiss private bank Union Bancaire Privee (UBP) may pull client money out of hedge funds unless they set up independent administrators, the Financial Times said on Wednesday. The Geneva-based bank, one of the world’s largest investors in hedge […]

Hedge funds can now borrow from Fed

December 23, 2008 : Permalink

FierceFinance – The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables.  The Fed announced it will "offer low-cost three-year funding […]