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October 6, 2008 12:55:49 PM CDT

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Stories related to: hedge funds

Stories

11 Stories

  • September 2008

    • Hedge Funds in Hot Seat After Market Plunge

      Wall Street Journal  |  Sep 30, 08 10:19 AM CDT

      Hedge Funds in Hot Seat After Market Plunge

      (Newser) - At a time when markets need their money more than ever, the $2-trillion hedge fund industry could fall victim to bad timing, as yesterday's plunge coincides with today’s deadline for many investors to withdraw before year’s end, the Wall Street Journal reports. Funds may be forced to sell off stocks before they have a chance to recover, to compensate fleeing investors. More »

      Tags

      stock market  • bailout  • private equity  • credit market chaos  • hedge funds  • market turmoil

    • Hedge-Fund Exodus May Add to Woes

      New York Times  |  Sep 29, 08 9:43 AM CDT

      Hedge-Fund Exodus May Add to Woes

      (Newser) - Hedge funds are bracing for a major test of wills tomorrow, the deadline for investors to withdraw from the funds for the rest of the year, the New York Times reports. A spate of withdrawals could cause a cascade of flight from the $2 trillion industry, which has seen its worst year ever, with the average fund down 10%. More »

      Tags

      bailout  • investors  • financial markets  • credit market chaos  • hedge funds

    • Wolfe: Stars Went to Hedge Funds Long Ago

      New York Times  |  Sep 28, 08 1:35 PM CDT

      Wolfe: Stars Went to Hedge Funds Long Ago

      (Newser) - Tom Wolfe has been fielding a lot of questions about where the Wall Street crisis leaves the Masters of the Universe now, writes the author of the seminal book about the excesses of 1980s traders in the New York Times . But, he notes, the real investment banking superstars left for hedge funds 6 years ago, long before the banks failed. And they've been comfortably ensconced in hedge funds ever since as the New York Stock Exchange emptied out. More »

      Tags

      Wall Street  • New York Stock Exchange  • investment bankers  • hedge funds  • Tom Wolfe  • Greenwich

    • Pickens' Own Energy Funds Down $1B

      Wall Street Journal  |  Sep 24, 08 8:47 AM CDT

      Pickens' Own Energy Funds Down $1B

      (Newser) - T. Boones Pickens' energy plan might need some tweaking—at least when it comes to his own investments. Even as the billionaire campaigns for his energy independence proposal, his energy-focused hedge funds have lost about $1 billion this year, the Wall Street Journal reports. “It's my toughest run in 10 years,” says Pickens. “We missed the turn in the market, there’s nothing fun about it.” More »

      Tags

      energy  • hedge funds  • T. Boone Pickens

    • Hedge Funds Poised to Profit as Banks Shun Risk

      Wall Street Journal  |  Sep 23, 08 1:05 PM CDT

      Hedge Funds Poised to Profit as Banks Shun Risk

      (Newser) - With the last two large US investment banks going commercial in an effort to stay afloat, private-equity and hedge funds are stepping into the void, the Wall Street Journal reports. Taking on roles previously filled by the likes of Goldman Sachs and Morgan Stanley, hedge funds like Citadel and private-equity groups like Blackstone are "stepping further into the risk-taking fold," the Journal notes, and are positioned to profit handsomely. More »

    • Tough Times Ground Hedge Fund High-Fliers

      New York Times  |  Sep 12, 08 12:41 PM CDT

      Tough Times Ground Hedge Fund High-Fliers

      (Newser) - The recent market turmoil has taken a good deal of the shine off of hedge funds, as managers are unable to reproduce their heretofore exemplary results in poor market conditions, the New York Times reports. The average hedge fund lost 4% this year, the worst overall results in the industry’s short history, and 2008 has seen some high-profile collapses. More »

      Tags

      credit market  • hedge fund  • finance  • investment bank  • investment  • endowment  • hedge funds  • pension funds

  • August 2008

    • Harvard's Endowment Shines in Tough Financial Year

      Wall Street Journal  |  Aug 7, 08 10:54 AM CDT

      Harvard's Endowment Shines in Tough Financial Year

      (Newser) - Harvard’s endowment did better than most in the down market, reports the Wall Street Journal . The $35 billion fund, which ended its fiscal year in June, earned 7% to 9%. “That would be easily the best performer among the foundations and endowments that we track," says a rep for a company that collects data on pension funds and endowments. More »

      Tags

      Harvard  • commodities  • investing  • higher education  • endowment  • hedge funds

  • July 2008

    • Yoga Helping Traders Bear Market Tumult

      Wall Street Journal  |  Jul 24, 08 11:20 AM CDT

      Yoga Helping Traders Bear Market Tumult

      (Newser) - The yoga industry is doing big business on the financial market as bankers and traders look for ways to take a step back and rise above the whirlwind, the Wall Street Journal reports. Life in the market “is the antithesis of what yoga is about in terms of inner peace,” one instructor says. “Yoga teaches you to embrace fear and cultivate patience.” More »

      Tags

      Wall Street  • exercise  • hedge funds  • Yoga

    • First Half of '08 Worst Ever for Hedge Funds

      Bloomberg  |  Jul 9, 08 12:52 PM CDT

      First Half of '08 Worst Ever for Hedge Funds

      (Newser) - Hedge funds have fallen an average of 0.75% in the first half of 2008, the worst yearly start for the industry since Hedge Fund Research began collecting data in 1990. Even 2002, the only year on record in which the $1.9 trillion industry lost money, was sunnier. "Investors are showing less patience than before to live through the bad times," one analyst tells Bloomberg. More »

      Tags

      financial sector  • economic indicators  • hedge funds

    • Hedge Funds Turn Bullish on Lobbying

      Politico  |  Jul 8, 08 4:40 PM CDT

      Hedge Funds Turn Bullish on Lobbying

      (Newser) - The hedge-fund industry is stepping up its lobbying efforts, Politico reports, having belatedly realized how tempting a target it presents to cash-strapped politicians. Facing attacks from both sides of the aisle for their tax-free offshore accounts and lightly taxed incomes, hedge funds upped lobbying spending to $1.9 million last year, and have donated $10.6 million to campaigns this election cycle. More »

      Tags

      lobbyists  • lobbying  • tax breaks  • hedge funds

  • June 2008

    • Bridge 'Suicide' Ruled Fugitive

      Bloomberg  |  Jun 17, 08 3:57 AM CDT

      Bridge 'Suicide' Ruled Fugitive

      (Newser) - A New York hedge fund manager who bilked investors out of $400 million has been declared a fugitive by federal authorities, reports Bloomberg. "Suicide has been ruled out,'' said a spokesman for the US Marshals Service. Samuel Israel disappeared the day he was scheduled to begin a 20-year sentence last week. His car was found on a bridge over the Hudson River, with "suicide is painless" scrawled in the dust on the windshield. More »

      Tags

      suicide  • New York Stock Exchange  • hedge funds  • Samuel Israel  • Bayou Group  • Ponzi scheme

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