Tag Archives: investment-arm
Hedge funds could help finance growth
Reuters – Hedge fund managers could play a key role in jump starting the ailing U.S. economy if Washington offers them appropriate tax breaks, a prominent hedge fund industry lawyer said on Tuesday. Sitting on billions of dollars in cash, […]
Long-only funds to dominate shareholder mix
Reuters – Traditional long-only mutual funds are set to dominate shareholder registers again as the hedge fund industry shrinks and retail investors continue to stay away, according to Morgan Stanley. Meanwhile, with institutions, including hedge funds, deleveraging aggressively, emerging markets […]
Turtle hedge fund to restructure after losses
Reuters – The Turtle Fund, an $80 million Swiss-based hedge fund trading volatility, has stopped trading and will let investors exit after sharp losses, following a disagreement between the fund’s managers. In a note to investors, seen by Reuters, the […]
Hedge funds ‘are resilient’
Reuters – In spite of suffering more than most markets in the global downturn, hedge funds are likely to bounce back faster than other markets. That is the view of Barclay’s Capital director Frank Gerhard whose company is a major […]
Chrysler cash drains away as crisis deepens
Reuters – Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can’t clinch a merger with General Motors Corp or get government funding needed to ride out the economic crisis, people […]
GM, Ford investors brace for deep losses
Reuters – General Motors Corp (GM.N) and Ford Motor Co (F.N) posted more than $27 billion of net losses in the first half of 2008 — and that was before a deepening economic slowdown pushed industry sales beyond 15-year lows. […]
European shares climb higher
Reuters – European shares climbed on Friday while most Asian shares fell as investors sought to balance economic worries with a new era of lower interest rates ahead of key U.S. jobs data. Oil dropped briefly below $60 a barrel […]
Man Group a consolidator in hedge industry
Reuters – Man Group plans to be a consolidator in the hedge fund industry in the long-term, said Chief Executive Peter Clarke, who thinks the industry could see redemptions of between a third and a quarter at the year-end. "Consolidation […]
INTERVIEW-Hedge funds return to mark to model
Reuters London – Hedge funds are starting to move back to the practice of marking complex structured credit instruments to their financial models because market prices are unreliable, says financial advisory firm Duff & Phelps. James De Bono, managing director […]
Technology helps commodity funds outsmart market
Reuters UK – Artificial intelligence is helping trend-following commodity hedge funds triumph in treacherous markets when human brains alone aren’t enough. With industry data showing the average hedge fund down 20 percent or more this year due to strategies messed […]
Hedge fund Autonomy Capital halts withdrawals-report
Reuters – Autonomy Capital Research LLP, a $1.7 billion hedge-fund firm run by former Lehman Brothers Holdings Inc trader Robert Gibbins, halted withdrawals from its flagship fund after losses this year, Bloomberg reported on Tuesday. The $1.2 billion Autonomy Capital […]
