COLUMN-Investment banks' future: smaller (Arbitrage fund) and cheaper: James Saft
| COLUMN-Investment banks' future: smaller and arbitrage fund cheaper: James Saft - Forbes LONDON, Sept 18 (Reuters) - The greatest financial upheaval since the Depression won't kill investment banking, but will make it smaller, less profitable and arbitrage fund probably a heck of a lot less lucrative for its workers. Bear Stearns and arbitrage fund Lehman went out Source: www.forbes.com HedgeFund.net (HFN): Pockets of Positive Returns Support Hedge Funds - Forbes Early estimates show the HFN Hedge Fund Aggregate Average, an equal weighted benchmark of all single manager hedge funds and arbitrage fund CTA/managed futures products in the HedgeFund.net database, was -0.81% in August and arbitrage fund -3.32% YTD. The HedgeFund.net database Source: www.forbes.com September 2008 - Reuters Blogs Some financial firms, but not all, will be saved. The pattern was set with Bear Stearns in March and arbitrage fund repeated with Fannie, Freddie and arbitrage fund AIG this month -- but not Lehman Brothers. Information Arbitrage lays it out this morning here. "Unwittingly or Source: blogs.reuters.com OSC imposes temporary short-selling ban - Globe and arbitrage fund Mail The Ontario Securities Commission has followed on the heels of U.S. regulators with the placement of a temporary halt on short selling of the stocks of a number of financial institutions. Canada's key market regulator late Friday followed the lead of Source: www.theglobeandmail.com |