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CQS launches $160 mln volatility hedge fund

Reuters – Hedge fund manager CQS said on Thursday it had launched a new fund that will aim to profit from the volatility that has gripped global stock markets for much of the past year. CQS, which had...

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Fund managers put up billions to back cash calls

Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say...

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Jupiter Asset’s Bonham Carter gives up fund

Reuters – Edward Bonham Carter, chief executive of Jupiter Asset Management, is to stop running his Undervalued Assets fund after threatening last year to hand over the role if performance did not...

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US gloom weighs on London

Times Online – Britain’s leading share index stayed in negative territory in mid-morning trading after failing to shake off concern about rising US debt and growing fears that General Motors will file...

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