Tag Archives: rebound
Goldman CFO sees end to hedge fund redemption wave
Khaleej Times – Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. “Assuming […]
Oil Little Changed on Concern Demand Recovery Yet to Occur
Bloomberg – Crude oil was little changed near $60 a barrel in New York amid concerns the global recovery has yet to take root, postponing a rebound in demand for fuel. Hedge-fund managers and other large speculators reduced their net-long […]
Hedge fund manager Hendry warns of market correction
Reuters – The current rebound in stock markets is a bear rally and could turn by September, according to hedge fund manager Hugh Hendry, who has recently cut exposure to agricultural stocks. Hendry, who is partner and chief investment officer […]
Australia’s equity-based hedge funds post best returns in three years in March, Blackrock is top performing manager
Opalesque – The Australian Fund Monitor (AFM) released last week its “March Absolute Return and Hedge Fund Review” report which showed that the strong rebound in equity markets both in Australia and overseas saw equity-based hedge funds managed in the […]
World stocks head for 6th week of gains
Reuters – World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region’s prospects. MSCI‘s main world stock index was flat despite modest gains in […]
Hedge Funds Shrink by $64 Billion, Eurekahedge Says
Bloomberg – The global hedge-fund industry lost $64 billion of assets in November, with an index tracking its performance declining for a sixth month as economies in Asia and Europe joined the U.S. in recession, Eurekahedge Pte said. “It’s very […]
Hedge Funds Shrink by $64 Billion, Eurekahedge Says
Bloomberg – The global hedge-fund industry lost $64 billion of assets in November, with an index tracking its performance declining for a sixth month as economies in Asia and Europe joined the U.S. in recession, Eurekahedge Pte said. “It’s very clear that there […]
Citi Prime Brokerage Singapore Head Leaves Co-Sources
CNN Money – In another sign the financial crisis is hitting Asia’s once booming hedge-fund industry, Alexis Fosler, the head of Citigroup Inc.’s ( C) prime brokerage team in Singapore has left the company, two people familiar with the situation […]
Hedge Funds Lost $100 Billion on Investor Withdrawals
Bloomberg – The global hedge fund industry lost $100 billion of assets in October, according to an estimate from Eurekahedge Pte, as firms including Sparx Group Co. and Man Group Plc were hammered by investor redemptions. Funds fell an average […]
Wealth managers fret as the rich turn away from them after losses
Times of India – Can the wealthy trust their wealth managers any more after losing 30 to 60% of their wealth during the current global financial crisis? The world’s top banks including brands like Morgan Stanley, UBS, Barclays and Standard […]
Deep recession fears thrash Asia stocks
Reuters – Asian stocks plummeted, led by an 11 percent drop on Japan’s Nikkei, and oil prices dropped to a one-year low on Thursday as fears grew of a more protracted and sharp global slowdown than initially expected. Major European […]
