hedge funds

A number of hedge funds that made millions from the implosion of America's subprime market are betting on a similarly dramatic collapse of the euro.

Traders are predicting chaos on the world's second-largest government bond market after the German authorities announced a ban on all naked short-selling in European public debt, as well as shares in the country's 10 largest financial institutions.

GAM is preparing to soft-close two of its most recently launched funds, Star Global Rates and Star Discretionary FX.

Quality Capital Management (QCM) is pushing into the retail market with the launch of a Ucits III version of its managed futures hedge fund.

Hedge fund bashing never fails to go down a treat.

The FSA is today meeting senior officials from Goldman Sachs over the bank's involvement in structuring complex debt intruments during the financial crisis, Investment Week understands.

LGT Capital Partners is launching a Ucits-compliant version of its Crown Managed Futures fund next month.

Much of the financial media's focus this week was on Goldman Sachs, US hedge fund Paulson & Co, the SEC, and problems with complex mortgage-related instruments.

One of the UK's best known hedge fund groups has taken a £47m bet against Prudential in the lead-up to its proposed $35.5bn acquisition of AIA.

Goldman Sachs was today accused of fraud by a US financial watchdog over the make-up and marketing of a debt product tied to sub-prime mortgages.