David Enke submits: The Guardian is reporting that foreign sovereign wealth funds are increasing investment in London hedge funds, in particular funds of funds. The capital increase is coming at a good time for the hedge funds as the credit crunch has decreased debt funding. The magazine Hedge Fund...
Money Morning submits: By Mike Caggeso Starving for capital and hell-bent on retaining its handsome dividend, Barclays PLC BCS plans to raise $8.9 billion (4.5 billion pounds) by selling shares to investment banks and sovereign wealth funds around the world. by Money Morning
By Michael Flaherty HONG KONG (Reuters UK) - JPMorgan JPM says it has tapped Bear Stearns' former Asia CEO to run its sovereign wealth group, joining other Wall Street banks in seeking more business from state-run funds from the Middle East and Asia. JPMorgan completed the...
Donald Johnson submits: In a little noted or reported letter requesting information about commodities speculators, Congress has asked the Commodities Futures Trade Commission for information about how other countries are speculating in U.S. oil, grain and other commodities futures markets. The letter is here. The question is, are net oil...
Just when CEOs thought they had a handle on secretive and powerful hedge funds, they must consider a quieter but even bigger monster -- Sovereign Wealth Funds. These government-owned funds, including ones in China, Abu Dhabi, Kuwait and Singapore, represent more than $2.5 trillion in global assets,...
Marc Courtenay submits: You'll be happy you own gold and silver once you read this, compliments of our associates at Stansberry Research and the S&A Digest: "Sovereign wealth funds," foreign government investment pools, are dumping the dollar. One big fund in the Persian Gulf has cut its dollar-denominated holdings from...
Martin Hutchinson submits: Imagine that you’re the investment director for one of the new sovereign wealth funds SWFs. A very important guy - you get to invest several hundred billion dollars, with far fewer committees and shareholder interest groups harassing you than if you're the head of ...
By Laurence Fletcher LONDON (Reuters) - Top fund executives meeting in Barcelona this week will debate how to attract assets from sovereign wealth investors and the merits of absolute return funds as they face up to a tough environment of lower inflows. The...
By Laurence Fletcher LONDON (Reuters UK) - Top fund executives meeting in Barcelona this week will debate how to attract assets from sovereign wealth investors and the merits of absolute return funds as they face up to a tough environment of lower inflows. The Fund Forum...
The latest McKinsey Quarterly is out with a story that asks, are mergers and acquisitions over? The obvious answer is no, of course. But McKinsey's article makes a very important observation: the wave of private equity and hedge fund deals in the United States may be flaming out, but there is...
By Kevin Lim SINGAPORE (Reuters) - Sovereign wealth funds that control an estimated $3 trillion in assets will meet in Singapore this week to discuss a code of ethics aimed at allaying Western fears that their investments are politically motivated. The International Monetary...
The general stock market behavior recently has been painful, to say the least. Now with DJIA broke below March low, any hope of a quick ending on the current bear market diminishes. Even though the S&P 500 Index has not broken below the March low yet, and even though the...
Kathy Lien submits: Bank earnings, oil prices and diversification are driving the dollar Thursday morning. The big question is whether the problems with Fannie Mae FNM, Freddie Mac FRE and IndyMac NDE have extended to JPMorgan JPM, Merrill Lynch MER and Citigroup C. Although JPMorgan reported a...
By Neha Singh BANGALORE (Reuters) - Citigroup Inc C shares fell to their lowest level in nearly a decade after a Goldman Sachs & Co analyst said investors should sell the largest U.S. bank's stock short as losses mount from troubled debt. In...
By Neha Singh BANGALORE (Reuters UK) - Citigroup Inc C shares fell to their lowest level in nearly a decade after a Goldman Sachs & Co analyst said investors should sell the largest U.S. bank's stock short as losses mount from troubled debt. In morning trading,...
