Despite the early-year rally in equity markets, some hedge funds seem to have had a disappointing start... yet again.
from Global Investing:
Currency hedging -- should we bother?
Maybe not as much as you think, if we are talking purely from a equity return point of view -- according to the new research that analysed 112 years of the financial assets history released by Credit Suisse and London Business School this week.
from Environment Forum:
Shares in Pacific Ethanol lost almost half their value in morning trading after the biggest West Coast-based producer and marketer of ethanol announced that it had put its production facilities in California, Oregon and Idaho into Chapter 11 bankruptcy.