US official says credit crunch easing
News Channel 8- A U.S. Treasury official said Monday the global credit crunch is gradually calming following efforts by the Federal Reserve and other central banks.Clay Lowery, assistant secretary for...
View ArticleWorlds Largest Hedge Fund Manager BGI Opens Dubai Office
West Palm Beach (HedgeCo.net)- Barclays Global Investors (BGI) has opened an office in the United Arab Emirates’ Dubai International Finance Centre. BGI has been active in the region since 1998 and...
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Credit crunch to sting into next year
Reuters UK- A near one year-old credit crunch still has plenty of venom and will sting global financial markets and the economy well into next year or even into 2010, a Reuters poll found. On the eve...
View ArticleFalling Prices Lift Investors’ Cautious Mood
istockAnalyst.com- Investors face something of a new landscape in financial markets this week after tumbling oil and food prices eased immediate concerns about inflation, potentially freeing central...
View ArticleHedge fund Citadel hires two from Merrill Lynch
Reuters – Hedge fund firm Citadel Investment Group said on Tuesday it had hired two senior sales executives from Merrill Lynch, the investment bank that is being sold to Bank of America for $50...
View ArticleCentral banks may expand range of collateral
Washington Post – Central banks in the United States, Europe and Japan will consider taking foreign-denominated assets as collateral in an effort to provide liquidity for battered financial markets,...
View ArticleThey Just Don’t Get It
Washington Post – That is the technical economic term that best sums up a day in which the House of Representatives refuses to pass a $700 billion rescue plan pushed by the White House and...
View ArticleBe wary of deregulation scapegoat
Myrtle Beach Sun News – The financial turmoil has pushed the Obama campaign into the lead, and this is mostly justified. Barack Obama is more thoughtful on the economy than his opponent, and his bench...
View Article‘Armageddon’ Loan, Bond Prices Keep Debt Investors on Sidelines
Bloomberg – Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling. Prices of loans rated below investment grade declined to a...
View ArticleKomodo Hedge Fund Outperforms as Cameron Replicates Japan Bets
Bloomberg – Komodo Capital Management Pte’s hedge fund outperformed rivals as Chief Investment Officer Angus Cameron employed strategies he developed during Japan’s slump in the 1990s to profit from...
View ArticleRussia Looks Gloomy due to Crisis
West Palm Beach (HedgeCo.net) – The Russian market continued to sell off in October as the global financial crisis continued to wreak havoc everywhere, according to the Pharos Russia Fund, October was...
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