Tag Archives: investment-funds


The Hedge Fund Meltdown: Another Reason Wealth Needs Spreading

AlterNet – Jack Nash, a key pioneer of the global hedge fund industry, passed away this past summer. Much of the rest of the industry may soon join him six feet under. The industry, one insider told the Financial Times […]

Hedge Funds Meet With FSA, BOE Over Lehman Assets, FT Reports

Bloomberg – Hedge funds met with the U.K.’s Financial Services Authority and the Bank of England in London to discuss the return of their assets from Lehman Brothers Holdings Inc., the Financial Times reported, citing unidentified funds. Representatives from the […]

Fortress fighting to keep two of its companies afloat

FT – Reuters – Fortress Investment Group LLC, one of the few publicly traded managers of private equity and hedge funds, is taking action to keep two of its companies afloat, the Financial Times said, quoting people familiar with the […]

Legg Mason unit eyes distressed sales: report

Tehran Times – Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc, is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the […]

Fearing financial trouble hedge funds flee Morgan Stanley

Hindu Business Line – Worried that global financial services provider Morgan Stanley may land into financial troubles like Lehman Brothers, several hedge funds fled the bank resulting in a loss of billions of dollars in its prime brokerage business last […]

Hedge Funds Hoard $600 Billion in Cash

Minyanville.com – While they’re not deviously plotting the demise of the worlds’ most powerful financial institutions, hedge funds are loading up on another popular trade: Cash. According to the Financial Times, Citigroup estimates hedge funds have recently squirreled away as […]

Wall Street CEOs Bag $3bn During Toxic Securities Build-Up

Here Is The City – Bloomberg reports that CEOs at Wall Street’s top five securities house earned a staggering $3bn between them from 2003 and 2007, during the time when the subprime and toxic securities timebomb was ticking away in […]

Hedge Funds In The Microwave

Forbes – In an op-ed in the Financial Times on Monday , I described the unraveling and demise of the shadow banking system that started with non-bank mortgage lenders, structured investment vehicles (SIVs) and conduits, major independent monoline broker dealers […]

Hedge funds move $100bn into safe havens

Financial Times – Hedge funds charging hefty fees for sophisticated trading strategies aimed at outperforming the wider market have collectively parked $100bn in simple money market funds typically used by investors seeking safe rather than spectacular returns. Citigroup estimates that […]

Dubai adds to chorus against market abuse

Financial Times – Dubai yesterday joined the chorus of regulatory voices condemning the short-selling of shares as concern mounted that hedge funds shorting key Gulf companies are contributing to a dramatic drop in regional bourses. Short selling, through which investors […]

Papers turn on hedge fund managers

BBC UK News – "They hunt as a pack and can bring down financial systems" says the Daily Mirror, describing the hedge fund managers widely blamed for bringing down HBOS. The decision to halt short selling of bank shares – […]

SEC weighs ban on short selling

Financial Times – US securities regulators were on Thursday night considering a ban on short selling as part of a group of new initiatives to restore calm to the stricken financial markets, people familiar with the situation said. The US […]