Hedge funds


Gottliebsen: facing off against a jobs raid

Global hedge funds and the capital markets are engaged in a two-pronged game to skyrocket Australian unemployment, writes Robert Gottliebsen, at Business Spectator.

Housing bubble and banks … time for disclosure and context

There’s nothing wrong with exploring the issue of high home prices and their impact on our banks and the economy, just that the claims have to be given full context.

Business As Usual: China car sales slow … there’s gold in them thar … don’t weep for hedge funds, cheer Rio …

Gold is going through the roof, with a 12% rise so far this quarter, hedge funds are doing it tough, aluminium up, along with Rio’s long-term debt and other business news.

Kohler: The regulators are wrong

European regulators are out in force, attacking hedge funds, short selling and proprietary trading. Too bad that these issues didn’t cause the GFC or Greece’s mess, says Alan Kohler.

How a single hedge fund made the US housing bubble bigger, longer and nastier

ProPublica’s seven-month investigation into hedge fund Magnetar’s role in the financial crisis reveals it was creating assets designed to fail.

Hedge fund operators fiddled while investors burned

The secretive world of hedge funds disclosure has been exposed in a report published in the US, which reveals that up to half of funds and managements lied in their disclosure to customers and investors.

Briefly Business: Wesfarmers, Macarthur Coal and Chris Murphy

Wesfarmers rights issue … Macarthur Coal takeover?… hedge fund managers … Austock … Chris Murphy wants his fruit back.

Doom and gloom takes risk aversion to a new level

The phrase “risk aversion” no longer adequately covers the growing level of tension and concern on world markets, writes Glenn Dyer.

How Fred Hilmer threw $341,000 over the hedge

Australia’s $65 billion hedge fund industry is bracing for a headwind after Eureka Report named some of the big investors caught up in the Basis Capital collapse. Former Fairfax CEO Fred Hilmer, venture capitalist Roger Allen and Melbourne’s Myer Family are among those caught up in the mess, writes James Frost

Don’t buy the yacht yet, darling!

The total intervention in the past three trading days has come within sight of half a trillion Australian dollars. Glenn Dyer has the latest.

Is Kevin07 heading for a 1969?

You can lose a Federal election and still know that you’re on a winner… by doing a Gough, writes Paul Comrie-Thomson.

Hedge managers fan super anxieties

As Australian hedge fund managers stare down the barrel at their first major league disaster, the crisis at the $1 billion hedge fund group, Basis Capital, is set to spark a fresh examination of hedge fund exposure.

Orica under fire for turning down PE windfall

Despite the protests of New York-based hedge fund, Elliott Associates, Orica has shown that it is capable of delivering long-term results – it should not be held captive to hedge funds angry that they were denied the opportunity of a quick windfall profit.

Go west: Africa’s the next big thing

Despite the shudders and misapprehension from many, Africa is rapidly hitting the radar screens of the world’s smartest investors.