Tag Archives: john-meriwether
Meriwether Said to Shut JWM Hedge Fund After Losses
Bloomberg – John Meriwether, who roiled global markets when Long-Term Capital Management LP collapsed in 1998, plans to shut his current hedge fund, according to a person familiar with the matter. JWM Partners LLC is closing its main Relative Value […]
JWM Partners considers new fund- WSJ
Reuters – John Meriwether and the other partners in his hedge-fund company, JWM Partners LLC, are considering launching a new fund, the Wall Street Journal said, citing a senior official at the company. The new fund could be set up […]
Citadel Hedge Fund Down for the Year
New York (HedgeCo.Net) – The largest hedge fund run by Citadel Investment Group has fallen 30 percent this year stemming from losses tied to convertible bonds. The $10 billion Kensington Global Strategies Fund has been hit hard by the credit […]
UBP cuts hedge funds, sees industry shrinking
Reuters – Union Bancaire Privee has cut its exposure to hedge funds and industry performance has disappointed, while other assets look more attractively-priced, a top executive said. Christophe Bernard, the Swiss-based firm’s head of asset management, also told the Reuters […]
Hedge funds suffer mass redemptions
Independent – Hedge funds could have an unprecedented level of cash pulled out by investors this quarter, according to insiders, just as they faced millions of pounds of losses from last week’s shock regulation of short selling. It has been […]
Former Long-Term Capital Employee Shys Away from Leverage, Starts Own Fund
New York (HedgeCo.Net) – David Ko, a former quantum physicist and Long-Term Capital Management employee, has set up his own hedge fund according to a report by the Wall Street Journal. Kurtosis Capital Partners will employ a global macro strategy […]
Candy companies blame higher prices on hedge funds
Baltimore Sun- The price of Cadbury PLC’s Caramello candy bar is up 10 percent over the past 12 months, raising a sticky question: Are hedge funds to blame? Soaring cocoa prices are driving up the cost of chocolate around the […]
