Tag Archives: luqman-arnold

Iceland: The country that became a hedge fund

CNNMoney.com – On a gloomy morning in early August, more than a month before Wall Street and the world’s financial system seized up, a senior aide to Iceland’s Prime Minister paid a visit to the Russian embassy in Reykjavík to […]

BOE’s Gieve Says Markets Still `Under Acute Strain’

Bloomberg – Bank of England Deputy Governor John Gieve said investors are still facing “acute” stress as market declines force hedge funds to sell assets. “The financial system remains under acute strain,” Gieve said in a speech in London today. […]

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 […]

U.S. funds urge freeing of Lehman assets

Reuters – A U.S.-based trade group for hedge funds has urged the Bank of England to step in and speed up the freeing up of assets frozen in the collapse of Lehman Brothers Holdings Inc, saying it has become "an […]

Central banks may expand range of collateral

Washington Post – Central banks in the United States, Europe and Japan will consider taking foreign-denominated assets as collateral in an effort to provide liquidity for battered financial markets, the Nikkei newspaper said on Sunday. Currently most central banks only […]

Borges named chairman of hedge fund rules board

Reuters- Antonio Borges, a former senior banker at Goldman Sachs, has been appointed chairman of the Hedge Fund Standards Board (HFSB), the custodian of the voluntary standards scheme devised by leading members of the sector. Borges, vice chairman of Goldman […]

Hedge funds badly burnt in inflation expectations bet

Telegraph.co.uk- Hedge funds have suffered major losses after wrongly betting that market inflation expectations would fall, the Bank of England has said. The Bank reported that many hedge funds had been badly burnt after market expectations for inflation rose to […]