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Big deemed best as small funds struggle Pendragon Capital, the hedge fund, has decided it can no longer go it alone and will move its fund to GLG Partners FTDecember quarter may be worst-ever for asset managers (Reuters) Plunging asset values and huge investor withdrawals from funds likely made the fourth quarter the worst-ever quarter for U.S. asset-managers' earnings, and renewed market turmoil in early 2009 signals more pain ahead. yahoo.comStock & fund quotes - ninemsn Copper in Shanghai down 1.7 pct on demand worries * London nickel falls 2 pct despite BHP mine closure * Aluminium extends losses on rising stockpiles (Adds comments, updates to Shanghai midday) By Alfred Cang SHANGHAI, Jan 21 (Reuters) - Shanghai ... Feed DigestUAL reports $1.3 billion 4Q loss MINNEAPOLIS (AP) -- United Airlines parent UAL Corp. on Wednesday said it lost $1.3 billion in the fourth quarter because of operating losses and fuel-price bets that turned sour as oil prices fell. Without the bad hedges, results were better than analysts had expected.... The Arizona RepublicStandard Life cash fund was invested in toxic mortgages Standard Life investors have been told that a cash fund which many regarded as an ultra-safe alternative to the stockmarket was in reality invested in toxic mortgage debt that has plummeted in value. ... Big News NetworkShort-Term Bonds Regain Popularity After months of yanking money from battered short-term bond funds, individual investors have reversed course and gradually started switching money back . WSJ.comHSBC turns down financial support from Government Banking giant HSBC has rejected the Government’s offer of emergency funding.The UK’s largest banking group said it had not sought capital support from the UK Government and cannot envisage circumstances where such action would be necessary.Unlike other banks, HSBC has been relatively unaffected by the credit crisis due to its focus on emerging markets business. [...] Finance MarketsPossible Reversal in USO US Oil Fund and CrudeMr. Swing Orlando Business Journal: Thomson Reuters, NVCA: Venture capital fundraising tumbles Venture capital investment funds nationwide didn't grow much in 2008, according to new data from Thomson Reuters and the National Venture Capital ... InformOrlando Business Journal: Venture capital firms raised less in 2008 Venture capital investment funds nationwide didn't grow much in 2008, according to new data from Thomson Reuters and the National Venture Capital ... Inform1 2 3 4 5 |
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