Asian Hedge Fund Assets Drop 10%
BusinessWeek- Assets invested in Asia-focused hedge-fund strategies fell about 10% in the first quarter of 2008, with industry assets under management plummeting from $110 billion to $100 billion,...
View ArticleHedge funds turn in their worst record for nearly 20 years because of credit...
Independent- Hedge funds turned in their worst first-half performance in almost two decades because of the credit crunch and the onset of a bear market in stocks. Hedge funds declined by an average...
View ArticleHedge Funds Fell 0.75%, Worst First-Half Performance
Bloomberg – Hedge funds turned in their worst first-half performance in almost two decades as the collapse of subprime-mortgage bonds and rising commodity prices pushed stocks to the brink of a bear...
View ArticleInvestments in Asia hedge funds halved in Q2
Reuters – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky...
View ArticleClik here to view.
Investments in Asia hedge funds halved
Reuters Singapore – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite...
View ArticleGMP hedge fund makes solid debut
Globe and Mail – GMP Securities enjoyed a solid debut with its new and much-scrutinized hedge fund. GMP Diversified Alpha Fund, a multi-strategy fund launched last year by the investment dealer,...
View ArticleBreaking even becomes hedge funds’ mantra
Globe and Mail – Joe E. Lewis, the late American nightclub comic and inveterate horse player, once quipped: "I hope I break even. I need the money." That could very well become a mantra in the hedge...
View ArticleEllington Sues Ameriquest Over Bad Subprime Mortgages
Bloomberg – Ellington Management Group LLC, the hedge-fund firm focused on mortgage bonds, sued Ameriquest Mortgage Co. and other ACC Capital Holdings units over soured subprime home loans. Funds run...
View ArticleChrysler Talks Stall as Banks Balk at Trading Loans for Equity
Bloomberg – Chrysler LLC, needing lender concessions by March 31, isn’t negotiating with its banks because it can’t persuade them to discuss trading loans for uncertain equity, people familiar with the...
View ArticleAsia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says
Bloomberg – Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers, said Andrew Hill, director of prime finance for Asia-Pacific...
View ArticleKuwait financier facing U.S. fraud suit found dead
Reuters – A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector. A security source...
View ArticleBofA shares jump after exec, hedge fund buy shares
The Associated Press – Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up...
View ArticleU.S. pay czar says he can “claw back” exec compensation
Reuters – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already...
View Article
