Finbest

Desenvolvendo e Aprofundando => Serviços Bancários e Financeiros => Topic started by: GiaMa on September 11, 2007, 10:33:30 AM



Title: Hedge Funds Post Negative Returns in August
Post by: GiaMa on September 11, 2007, 10:33:30 AM
Abaixo as performances de agosto.


Title: Re: Hedge Funds Post Negative Returns in August
Post by: GiaMa on September 12, 2007, 09:56:51 AM
Pufff...

Avendis Group Liquidates Hedge Fund, In Second Blow
 
  By Margot Patrick 
 
  LONDON -- Avendis Enhanced Fixed Income Fund, a $60 million hedge fund managed by Switzerland's Avendis Group, is set to shut down after experiencing "liquidity pressure" on its portfolio of structured credit products, marking a second blow for the firm after it was forced to start winding down a so-called "SIV-lite" it manages. 
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Title: Re: Hedge Funds Post Negative Returns in August
Post by: GiaMa on September 12, 2007, 10:00:44 AM
Puff 2....

Hedge Fund Pirate Capital Freezes 2 Funds Amid Losses

  NEW YORK -- Hedge fund Pirate Capital has frozen two of its four funds, citing redemptions and market turmoil, according to a letter to investors dated August 31. 
  In order to halt investments and withdrawals, Pirate designated the two activist funds "special investments," a type of account generally reserved for illiquid or hard-to-value investments. .......
....
  Pirate officials declined a request for data on its assets under management, but people familiar with the situation say assets fell to around $400 million this summer from $1 billion earlier this year...