Tag Archives: morgan stanley
Hedge Fund Assets May Fall $450 Billion After Worst Performance
Bloomberg – Hedge funds lost more money in 2008 than any year on record. It may get worse in 2009, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The $1.2 […]
Universal banks winning battle for hedge business
Reuters – Broker-dealers such as Morgan Stanley and Goldman Sachs are losing out in the battle for hedge funds’ dwindling pool of assets, as funds seek out banks with diverse sources of funding in a major shake-up of prime broking. […]
Bond Dealers, Hedge Funds Will Face Penalty for Failed Trades
Bloomberg – Bond dealers and hedge funds that fail to complete trades in Treasury securities face a penalty of as much as 3 percent on the proceeds of transactions, according to a Federal Reserve-backed industry code to be implemented in […]
