Hedge Crunch Financialinvestments
Salida Capital Speaks Against “Unfounded” Rumors
In response to recent gossip, Toronto-based Salida Capital stated that rumors of its collapse are “unfounded”. In fact, the hedge fund has increased its funding in energy and several other holdings as oil prices fall. The fund explained that with the potential for oil to drop even lower, they have upped their “level of hedging [...]
Jaspal Phull: Investors Will Turn to Gold
According to a manager at Stenham Asset Management, gold will continue to be a reliable haven despite the recent falls. Yesterday, gold experienced the largest monthly slide in over three years, as a result of increasing pressure from a major sell-off in commodity markets. Still, the metal has benefitted throughout a time of unease caused [...]
Gold and Silver Fall After Global Sell-Off
Despite recent claims that gold is the way to go during the financial crisis, it, alongside silver and several other commodities, has fallen as a result of a global sell-off in financial markets. On Thursday, gold fell 3.7%, or $66.40, to $1,741.70 per ounce. Silver, a high-demand metal in many industries, also took a severe [...]
Tony Hall Predicts Gains in Gold Commodities
According to hedge fund manager Tony Hall, investors seeking to secure their assets will be drawn to gold, platinum and Brent oil. Hall, the chief investment officer of Duet Commodities Fund, also predicted that gold may climb 21% to an all-time high of $2,200 an ounce by the end of this year, while platinum may [...]
Man Group Collects $3.7 Billion Investments in Three Months
According to Man Group PLC, $3.7 billion were invested in its fund over the last three months. The firm explained that the transactions removed $1.1 billion from its assets, including a 0.6% decline in its AHL managed-futures strategy, which was worth $23.9 billion. “Current markets are creating challenging performance conditions for most asset classes, and [...]
China Development Bank Invests Overseas
China Development Bank is becoming more and more active overseas, investing in private equity and hedge funds. According to anonymous sources, CDB will likely become one of the primary investors in MP Pacific Harbor Capital. This fund has been joined by New York’s MatlinPatterson as well. MatlinPatterson manages nearly $10 billion, and was initially part [...]
Personal Savings and Investments
No one would say no to making some extra cash by learning about the most sound investments. And there definitely wouldn’t be any problems with discovering new ways to save your hard-earned dollars. So here we discuss both matters. Investing Sensibly an Unstable Stock Market First, if you’re looking for top investments that are very [...]