Hedge Funds Not Behind Sell-Off In Banks Say Experts
Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this...
View ArticleHedge-Fund Investors May Add $50 Billion in 2009, Barclays Says
Bloomberg – Hedge funds may increase assets by more than 8 percent this year as clients led by pension plans and rich families invest $50 billion of the cash they held while financial markets fell,...
View ArticleBarclays in talks with BlackRock on BGI sale
Financial Post – Barclays PLC, the U.K.’s third-largest bank, is in talks with BlackRock Inc. and other bidders to sell its asset management division for more than US$10-billion. BlackRock, the world’s...
View ArticleHedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors
West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are...
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