December 17, 2011
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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November 11, 2011
A man exits the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York, October 31, 2011. Long before the brokerage firm MF Global collapsed into bankruptcy and prompted a frantic search for missing customer money, the company had already established a checkered history. An analysis of [...]
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September 13, 2009
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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March 15, 2009
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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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. âWe know which way the wind is blowing,â said Andrew Baker, chief executive of London -based Alternative Investment Management Association, (AIMA) the industryâs largest lobby group. âWe see a lot of this [...]
Tags: Baker, based, Based Hedge, Considered Rules, Disclosure, Fund Managers, Funds, group, hedge, Hedge Fund, Hedge Fund Managers, Hedge Funds, industry, Last year, Leverage, Of Hedge Funds, Politicians, rules, Soros, Systemic Risk, The Hedge, The Hedge Fund, The industry, times
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December 25, 2008
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, [...]
Tags: After, founder, fund, hedge, in, kills, losing, Madoff, money, scandal, self
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November 17, 2008
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 [...]
Tags: bets, fund, hedge, on, PXP, recovery, start, stock, to, Vietnam
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Risk, lax oversight riddle MF Global’s past
A man exits the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York, October 31, 2011. Long before the brokerage firm MF Global collapsed into bankruptcy and prompted a frantic search for missing customer money, the company had already established a checkered history. An analysis of [...]
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