Tag Archives: reuters
Hedge fund returns are up, redemptions down
Reuters India – Hedge funds are living up to their high-flying reputation again with strong returns in the last three months, but many investors burned by last year’s losses are clamoring for reforms before committing new money. Final June quarter […]
Stock futures flat ahead of Madoff sentencing
Reuters – Dow Jones futures dipped 0.1 percent, S&P 500 futures were down 0.01 percent while Nasdaq futures traded 0.02 percent higher on Monday morning at 4:45 a.m. EDT, pointing to a flat opening for Wall Street’s main equity indexes. […]
Hedge funds, private equity brace for U.S. reports
Reuters India – Hedge funds, private equity firms and other investors are scrambling to meet a looming deadline to report their offshore income, as U.S. tax collectors boost efforts to track foreign holdings. The reports will give authorities a glimpse […]
Obama loves hedge funds
Reuters Blogs – The big winner in the Obama administration’s financial regulatory reform package is the beaten-up hedge fund industry. Hedge funds get a particularly “light touch” when it comes to government oversight in the Obama plan. Essentially, the administration […]
Monier lenders approve restructuring deal
Reuters India – Lenders to French roofing company Monier Group have approved a restructuring deal that sees a group of debt investors take control of the company, a source with knowledge of the situation said on Thursday. The deal is […]
Hedge fund firm Polar assets fall, sees new inflows
Reuters – Hedge fund firm Polar Capital reported a fall in assets but has seen net inflows in recent months and said on Wednesday it was looking "more aggressively" at buying firms in distress. Polar said assets under management fell […]
Lawmaker accuses Fed of ‘over-up’ in BofA deal
Reuters – The Federal Reserve sought to hide its involvement in Bank of America Corp‘s (BAC.N) acquisition of Merrill Lynch as Merrill’s financial condition worsened, the top Republican on the House Oversight and Government Reform Committee said on Wednesday. The […]
Montier quits SocGen for hedge fund
Reuters – One of London’s top analysts, James Montier, has resigned from French bank Societe Generale to join a hedge fund, a source with knowledge of the situation said on Thursday. The source did not say which hedge fund has […]
Hedge fund registration backed
Reuters – A global regulatory body backed compulsory registration of hedge fund managers on Monday to restore investor confidence, saying the $1.3 trillion sector did not cause the credit crunch but may have amplified its effects. The International Organization of […]
Hedge fund firm Polar Capital says assets $1.54 bln
Reuters – Hedge fund firm Polar Capital said on Wednesday that its assets under management had fallen to $1.54 billion at end-May compared with $3.1 billion at end-March 2008. The firm said pretax profit for the year to March 31 […]
SEB fund arm plans credit hedge fund
Reuters – The fund management arm of Swedish banking group SEB is planning to launch a global credit hedge fund in the autumn to take advantage of mis-pricing opportunities in the credit markets. Peter Branner, global head of investment management […]