Hedge Funds Not Behind Sell-Off In Banks Say Experts
Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this...
View ArticlePaulson nets £100m from RBS slide
Guardian Unlimited – Billionaire hedge fund manager John Paulson has made a £100m profit by betting that the Royal Bank of Scotland’s share price would fall dramatically, according to calculations by...
View ArticleFund managers put up billions to back cash calls
Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say...
View ArticleThe hedge funds always win in the end
Independent – The collapse of Lloyds’ share price on Friday afternoon was deeply upsetting – and not just for shareholders in the bank. Two weeks ago, those annoying folk at Paulson & Co, the...
View ArticleEx-Insight managers launch multi-asset firm
MONACO (Reuters) – Former Insight Investment fund managers Patrick Armstrong and Ana Cukic-Armstrong have launched a new fund management business that will invest in a broad range of assets and seek to...
View ArticleTalk of Harbinger stake in African Minerals
Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days...
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