hedge funds

Betting Against Greece and Italy Backfires for Hedge Funds

Some of the world's leading hedge funds, including Citadel, Marshall Wace and AKO Capital, are currently dealing with losses after betting against Greek and Italian companies. Amidst worldwide fears of the coronavirus pandemic driving down stocks in recent months, there...

Hedge Fund Manager Bass Sees Elections in Greece Within a Year (Video)

Hedge fund manager Kyle Bass is betting that Greece will experience a dramatic political turnaround, with elections called within a year, that will spur a rally across the nation’s assets. Bass, founder of Dallas-based Hayman Capital Management, owns Greek bank...

BoA, Merrill Lynch, Capital Analysts on SYRIZA's Economic Plan

The SYRIZA economic plan is a joke, said Capital fund analyst Joerg Sponer, after the meeting of SYRIZA MPs Giorgos Stathakis and Yiannis Milios with 35 international banks and hedge funds in London. Bank of America/Merill Lynch followed shortly...

NYT: Hedge Funds May Sue Greece

Hedge funds have been known to use hardball tactics to make money. Now they have come up with a new one: suing Greece in a human rights court to ensure it makes good on its bond payments. According to the...