Hedge Crunch FinancialCitigroup
Citigroup’s Guide for Start-Up Hedge Funds
Despite ups and downs in the market as the global financial situation wavers, Wall Street is still supporting hedge fund pioneers. Citigroup recently publicized a 31-page guide for hedge fund start-ups, which lists five key points in getting a fund up and running. “The Citi Prime Finance Hedge Fund Start-Up Guide is being published at [...]
Citigroup Invests $800 Million of Shareholders’ Money
Citigroup, one of the largest lenders in the U.S., recently invested $800 million of shareholders’ money in its private equity and hedge funds. The bank invested the money in Citi-advised” funds, and sold $1.1 billion in separate hedge fund and private equity assets as well. Regulators are now drafting the ‘Volcker Rule’, which works to [...]
Hedge Fund (Medium-Sized) Mega Growth
When Big Isn’t Necessarily Better Sometimes it’s just not all about size. Especially right now, when we’re analyzing the recent performance of hedge funds. Taking a look at what happened last year, it seems that it was these hedge funds that, according to an article in The Financial Times, enjoyed “the largest net asset growth [...]
CitiGroup in Good Company
Hedge Fund Hassles According to FINAlternatives, it is not just CitiGroup’s Quantitative Strategies Fund that is encountering setbacks right now. The $400m fund was shut down by Citi, in an attempt to work in conjunction with the Volcker rule that does not allow banks to engage in proprietary trading. According to a Sanford C. Bernstein [...]
Financial Crisis: Good News for Citigroup?
Hedge Funds Helping Banks Just because on one side of the coin things can look disastrous, does not mean that this will be the case for the other side of the coin. In fact, just by looking at various big name banks, one can see how the financial crisis may have in some way been [...]