08 Oct 2008
Hedgeweek Newsflash: UK government recapitalises banking system
The UK government has announced details of a rescue package for the banking system, making extra capital available to eight of the UK's…
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Asset manager M&A climbs amid financial turmoil, says Jefferies Putnam Lovell
Mergers and acquisitions involving asset managers rose in the third quarter, with the global credit crunch as the backdrop for a surge in…
07 Oct 2008
Mitsubishi joins Goldman as shareholder in London hedge fund manager Capula
Mitsubishi Corporation has announced that it will acquire a 5 per cent stake in London-based hedge fund manager Capula Investment…
Hedgeweek Newsflash: Fed creating SPV to pump liquidity into markets
In an emergency move designed to pump liquidity into the markets, the US Federal Reserve Board is creating the Commercial Paper Funding…
Ogier to offer private funds within new wealth planning service
Ogier, an 'offshore magic circle' provider of legal and fiduciary services, is launching a new personalised wealth planning service for…
Hedgeweek Comment: It ain't over
Any lingering hopes that the eventual agreement last Friday on the US bailout package would provide a turning point in the market…
06 Oct 2008
BDO Stoy Hayward Investment Management adds to alternatives fund of funds team
Wealth manager BDO Stoy Hayward Investment Management has strengthened its alternatives fund of funds team with three senior additions,…
Hedgeweek Comment: Back to normal?
Now that the US House of Representatives has passed, with whatever reservations, the Emergency Economic Stabilization Act, the legislation…
03 Oct 2008
Advent completes acquisition of Tamale Software to extend front-office presence
Advent Software, a provider of software and services for the investment management industry, has completed its acquisition of research…
Hedge funds set for "worst month in a decade", says Hennessee
Hedge funds are set to report the worst month for the industry in a decade, with the average fund down between 5 and 9 per cent in…
Managed Funds Association praises SEC for backtrack on public shorting disclosures
While regretting the extension by the Securities and Exchange Commission of its temporary ban on the short selling of financial stocks,…
Financial world waits on House of Representatives as bailout goes to second vote
The US House of Representatives is poised to vote again on the bill that would authorise the government to buy up to USD700bn in toxic…
SEC extends measures restricting short selling until October 17
The Securities and Exchange Commission has announced that it is extending its temporaryprohibition of the short selling of financial stocks…
Hedgeweek Commentary: Behind the hedge fund news
John Paulson is continuing to make hay while the financial storms rage.John Paulson is continuing to make hay while the financial storms…
GLG "pressing administrators" to clarify exposure to Lehman Brothers International
GLG Partners has written to investors saying that it estimates the combined direct exposure of its funds to Lehman Brothers International…
