Funds Hub
Money managers under the microscope
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Chanos shorting AstraZeneca, Siemens – CNBC
Hedge funds seek closure of Venus Remedies - Economic Times
New Merk funds offer currency for all – Reuters
Hedgies profit from bank rally – MarketWatch
Tudor’s Hillery joins Brevan Howard - FT Alphaville
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Hedge fund boss accuses PM of ignoring crunch alarm bell – London Evening Standard
Citadel to oversee Lehman assets – FT Alphaville
Hedgie Paulson mad about Citi – New York Post
Hedge funds hiring again after downturn – Reuters
Blackstone gem – buyout leader excels in hedge sector – New York Post
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
New UK tax sends hedge funds fleeing – WSJ
Citadel files $470 mln clain against Lehman – Reuters
Hedge fund assets fall by $200 bln – Telegraph
Europe’s largest hedge fund increases India exposure – Financial News
Why are analysts so wrong? – Global Investing
Madoff shadow looms over UBP
While much of the hedge fund industry starts to draw breath and consider better times ahead, those firms tainted by the Bernard Madoff ponzi scheme continue to suffer.
UBP — which had exposure of about 1 billion Swiss francs to Madoff’s firm — on Wednesday said hedge fund assets had slumped by 20 billion Swiss francs in the first half and are now more than half the level achieved at the peak in June 2008. To be fair, the private bank isn’t giving up easily and has hired in new managers to liven up its offering.
