Tag Archives: swiss-franc


Damage From Swiss National Bank’s Move Still Being Assessed

New York (HedgeCo.Net) When the Swiss National Bank unexpectedly removed a three-year cap on the Swiss Franc’s exchange rate with the Euro last week, the ramifications hit the hedge fund world hard and the damage estimates are still coming in. […]

Hedge Fund Industry Assets Surge – HFR

HedgeCo.net (West Palm Beach) – Assets invested in the hedge fund industry increased by $100 billion in the second quarter of 2009, ending at $1.43 trillion, according to figures released by Hedge Fund Research (HFR). This is the first quarterly […]

Wall Street turns to consumer to gauge economy

AZCentral.com – Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer. There are growing signs that […]

GM, Ford investors brace for deep losses

Reuters – General Motors Corp (GM.N) and Ford Motor Co (F.N) posted more than $27 billion of net losses in the first half of 2008 — and that was before a deepening economic slowdown pushed industry sales beyond 15-year lows. […]

Settling down

Times of Malta – The situation in the international financial markets, although still displaying signs of uncertainty, seems to be settling down. Governments in the major economies, US, UK, Germany, France and Italy, no longer seem to be chasing fairies […]

Hedge Fund Looking Into Steve & Barry’s

West Palm Beach (HedgeCo.Net) – Hedge fund Bay Harbour Management is poised to take over bankrupt clothing retailer Steve & Barry’s. The company announced on Monday it has filed a "stalking horse" purchase agreement with the hedge fund in which […]

Dollar near 1-mth high vs euro before US jobs

Forbes – The dollar edged up towards a one-month high against the euro on Friday before monthly U.S. jobs data later in the day, with investors viewing the report as a key hurdle for whether the U.S. currency can sustain […]