LONDON – Rallying oil prices ran out of steam just before the end of the year as investors turned cautious after two weeks of heavy petroleum buying.
Hedge funds and other money managers sold the equivalent of 12 …
Energy bankers who lost one client after another when poor returns pushed many investment firms out of the U.S. oil patch got a welcome email earlier this year.
Elliott Management, a hedge fund founded and co-led by billionaire Paul …
LONDON — Credit Suisse and Nomura warned Monday of “significant” hits to first-quarter results, after they began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week.
While neither Credit Suisse nor Nomura named
LONDON – Hedge funds stopped buying petroleum last week, as benchmark crude prices touched $30 per barrel, and evidence emerged of a persistent oversupply of middle distillates such as diesel and especially jet fuel.
Hedge funds and other money …
Bridgewater Associates LP, the world’s largest hedge-fund manager, is raising new money for its flagship Pure Alpha fund for the first time since 2009. The firm …
December, the final month of 2014, may be a proverbial light at the end of the tunnel for hedge funds. The year has not been kind to hedge-fund land, as CNBC explained in an October article:
“First, they have …
