Hedge Fund Co-Founded by Chelsea Clinton’s Husband Struggles Due to Greece
The hedge fund co-founded by Bill and Hillary Clinton’s son-in-law suffered losses tied to an ill-timed bet on Greece’s economic recovery, according to documents reviewed by The Wall Street Journal....
Greece's National Bank plans to shed private equity business-sources | Reuters
ATHENS, Jan 29 (Reuters) - Greece's biggest lender NationalBank (NBG) plans to shed its private equity businessto boost its capital, three banking sources said on Wednesday.A sale of the London-based...
Invel to Buy Pangaea in Largest Greek Real Estate Deal
Invel Real Estate Partners agreed to buy most of National Bank of Greece SA’s real estate unit for 653 million euros ($882 million), betting on a recovery in the country’s economy....
Greek bonds pay off for fund managers
The best-performing bond-fund managers in the world this year aren’t based in London, New York or California. They‘re in Athens....
Paulson hedge funds backing recovery in Greek banks
Funds run by billionaire investor John Paulson see Greece's recapitalised banking sector as an attractive investment play on the country's recovery after a deep six-year slump...
World Cup corruption probe turns spotlight on land deal in Cyprus
A £27million land deal in Cyprus involving a member of FIFA's executive committee and Qatar's sovereign wealth fund will be one of several lines of inquiry pursued by American lawyer Michael Garcia...
Pharo Macro Bet on Greek, Spanish and Italian Debt Turns Sour
All the volatility and market turmoil shook the returns of Pharo Macro Fund, down 2.1% in last month. The global macro hedge fund strategy is up 7.6% for the year. Last month the fund was up 2.3% with gains from shorts in U.S. treasuries and longs in Greek government bonds...
Top-performing Ivy Cundhill fund focuses on Europe| Reuters
NEW YORK (Reuters) - Over the last year, fund manager Andrew Massie has made his investors happy by buying what he calls unloved stocks. Now, he's trying to keep them satisfied with a new crop of spur...