Monthly Archives: March 2008

FT.com- Hedge funds and institutional investors are starting to launch distressed mortgage funds to take advantage of an "unbelievable" buying opportunity, but they say they are running into resistance from risk-averse prime brokers. Steve Persky, a principal at Dalton Investments, […]

Trading Markets- "What is the true price of wheat?" asked Tippens, president and chief executive officer of Canadian State Bank. "I don’t think anybody knows." Certainly, it’s not $10.68, Tippens said. Or it wouldn’t be at that level without billions […]

Moneycontrol.com- Even as FII flows have improved, there have been individual instances of some large midcap sell offs. Tracking individual stocks down, raising apprehensions that some of these hedge funds might still be facing some redemption pressures, Ankur Samtaney of Eurekahedge said that […]

Melbourne Herald Sun- Bank stocks have been subjected to intense short-selling by hedge funds this year, which has contributed to sharp falls in their share prices. To allow their short-selling, hedge funds have been borrowing shares from institutional investors. Yesterday […]

FINalternatives- There is a lack of consensus about enforcement of standards on the part of U.K.-based hedge funds, according to new research. The report by Kinetic Partners and the Bank of New York Mellon shows that despite the ongoing credit […]

Reuters- Hedge fund advisers and fund managers said they believed the crisis was far from over, with the roughly $140 billion of write-downs at banks so far around the world only the beginning, keeping lending conditions tight and fears high […]

Telegraph.co.uk- When that old fraudster Robert Maxwell died in mysterious circumstances, City wags joked that police were interviewing individuals with a motive to murder him – starting with the entire staff of Mirror Group Newspapers. A similar embarassment of choice […]

West Palm Beach (HedgeCo.Net) – At a time when most financial institutions are recovering from multi-billion dollar writedowns and anxiety is running high on Wall Street, BlackRock Inc. is moving forward and taking advantage of some recent pitfalls in the […]

Financial Times – Commodities prices have been falling across the board as hedge funds cut their exposure to one of the most popular asset classes so far this year, suggesting that recent record prices have been buoyed by speculative flows. […]

BLOOMBERG – A Societe Generale SA manager threatened to fire Jerome Kerviel in 2005 after the trader exceeded trading limits with bets on Allianz SE securities, according to a court document. The document, which lays out the Paris appeals court’s […]

BOSTON (Reuters)- Lawrence Fink is proving that he really is Wall Street’s Mr. Fix-It. BlackRock Inc, the small bond shop Fink grew into one of America’s biggest asset managers, on Monday added another $30 billion (15 billion pounds) to the […]

New York Times Blogs- Goldman Sachs is in talks to buy a significant stake in Trafalgar Asset Managers, one of London’s top hedge funds, according to The Telegraph. Petershill, a $500 million private equity fund within Goldman Sachs’ asset management […]