Funds Hub

Money managers under the microscope

Goldman’s Blankfein readies to bare all

Photo

Blankfein in full flow

Goldman Sachs chief executive Lloyd Blankfein has been holding forth in the FT with a comment piece entitled: “To avoid crises, we need more transparency”.

It’s not the sentiment that raises eyebrows; It’s the pulpit it comes from. Goldman’s recent past is scattered with events that can be described as anything but transparent.

Morning line-up

Photo

Hedge fund stories from the past 24 hours from Reuters and elsewhere:

rtxcg5sThe Lehman derivatives muddle – FT Alphaville

Ex-AIG chief Cassano back in U.S. – Reuters

Hedgie dies in escalator fall - Fox News

Swiss hit Lansdowne to lure Hedgies – Swisster

Irish FinMin on the hedge fund backing anti EU-campaign – Irish Times

Morning line-up

Photo

Hedge fund stories from the past 24 hours from Reuters and elsewhere:

rtxcg5sHedge critic may get SEC risk post - NY Post

AIG chief defends holiday – Reuters

When Chanos warned the G7 – and no one listened – Seeking Alpha

Emerging market funds lead the pack – Hedge Funds Review

from DealZone:

Deals du jour

Photo
A man rides past a newsstand with French daily newspapers in Nice, southeastern France, February 24, 2009.

AIG plans to float its Asian crown jewel, Volkswagen halts talks with Porsche, Nomura hires for a massive push in U.S. equities, and more. Here are the latest deal-related stories:

AIG to launch IPO for Asia crown jewel

Volkswagen halts tie-up talks with Porsche

Nomura hires for massive U.S. equity push

Cubs' offer won't be voted on next week: sources

Babcock & Brown infrastructure fund gets acquired

China pension fund plans foreign PE deals: sources

China government OKs Minmetals' OZ Minerals deal

Daiwa SMBC to buy unit of Britain's Close Brothers

Whitehaven says to drop merger deal with Gloucester

Metro to present Karstadt deal outline: sources

And in Europe's morning papers:

* Hedge fund manager Noam Gottesman, co-chief executive of GLG Partners Inc (GLG.N), plans to move to New York from London to build up the fund's U.S. assets, the Daily Telegraph said.

  •