Posts Tagged ‘ hedge ’

Americans losing addiction to ‘CrackBerrys’ 

December 17, 2011
Americans losing addiction to ‘CrackBerrys’ 

The new BlackBerry Torch 9800 smartphone is seen after it was introduced at a news conference in New York August 3, 2010. To understand what ails BlackBerry maker Research In Motion Ltd in the U.S. market, just ask eBay Inc Chief Executive John Donahoe. The world’s biggest online auction site had about a hundred engineers [...]

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First foreign fund liquidating from Vietnam

September 13, 2009
First foreign fund liquidating from Vietnam

Vietnam is about to experience its first liquidation of a foreign fund since the country opened its stock market in 2000. Indochina Capital Vietnam, a close-end Vietnam equities fund listed on the London Stock Exchange was unable to avoid liquidation as shareholders elected to realize its entire portfolio in an extraordinary meeting held in September [...]

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G20 backs rescue funds boost as summit looms

March 15, 2009
G20 backs rescue funds boost as summit looms

Finance ministers, central bank governors and heads of institutions pose for a family photograph during a break in the G20 Finance Ministers meeting at a hotel, near Horsham, in southern England March 14, 2009. G20 finance ministers promised money on Saturday to rescue troubled emerging market economies and said they would use their full fiscal [...]

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Hedge fund group proposes self-regulation to avert intervention

February 25, 2009

A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London -based Alternative Investment Management Association, (AIMA) the industry’s largest lobby group. “We see a lot of this [...]

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Hedge fund founder kills self after losing money in Madoff scandal

December 25, 2008
Hedge fund founder kills self after losing money in Madoff scandal

The founder of an investment fund that lost as much as 1.4 billion dollars in the alleged Bernard Madoff scheme committed suicide Tuesday at his Manhattan office in New York, the New York-based Daily News reported Wednesday. The building that houses the office of Access International Advisors, co-founded by Thierry de la Villehuchet of France, [...]

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PXP Vietnam to start hedge fund, bets on stock recovery

November 17, 2008
PXP Vietnam to start hedge fund, bets on stock recovery

PXP Vietnam Asset Management, which oversees US$225 million, plans to start a hedge fund by early next year as it seeks bargains in Asia’s second-worst-performing stock market, said co-founder Kevin Snowball. The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said.PXP, the initials of Phan Xi [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...