|
|
PW News
|
Falcone’s Harbinger Hedge Fund Lost 47% On LightSquared In 2011 |
| Print | |
|
February 03, 2012 |
|
Phil Falcone’s Harbinger Capital Partners LLC lost 47 percent for
investors in his main hedge fund last year, according to a
person familiar with the results.
|
|
Read more...
|
|
Swiss Bank Wegelin Charged With Helping U.S. Clients Evade Taxes |
| Print | |
|
February 03, 2012 |
|
Wegelin & Co., the 270-year-old private bank, became the first Swiss
lender to face criminal charges in a broadening U.S. crackdown on
offshore firms suspected of helping Americans evade taxes.
|
|
Read more...
|
|
Christie’s Sales Surge 9% On Warhol, Picasso |
| Print | |
|
February 01, 2012 |
|
Christie’s International said there was a surge in demand for
contemporary art as an investment, after its sales climbed 9 percent in
2011.
|
|
Read more...
|
|
Billionaires Occupy Davos, Bemoan Inequality |
| Print | |
|
January 25, 2012 |
|
Some of the richest participants in this year's World Economic Forum in Davos, Switzerland, say economic disparity needs to be addressed.
|
|
Read more...
|
|
Art Investors Lured By Fund's 12% Return Offer |
| Print | |
|
January 24, 2012 |
|
Investors are being invited to join a European-based group that plans to
buy about $80 million worth of art and forecasts annual returns of 12
percent.
|
|
Read more...
|
|
Audubon’s 'Birds Of America’ Fetches $7.9 Million At Christie’s |
| Print | |
|
January 20, 2012 |
|
A complete first edition of John James Audubon’s “The Birds of America”
fetched $7.9 million at Christie’s today, just above the low presale
estimate and far shy of a record.
|
|
Read more...
|
|
Einhorn’s Greenlight Bullish On ‘Cheap Stocks,’ Bought Dell |
| Print | |
|
January 19, 2012 |
|
Greenlight Capital Inc., bought
shares of Dell Inc. and Xerox Corp. in the fourth quarter as part of a
bet on undervalued U.S. stocks, according to a letter to investors.
|
|
Read more...
|
|
Family Offices Make Few Strategic Changes, Study Says |
| Print | |
|
January 18, 2012 |
|
Family offices have made few changes to their investment strategies since the upheavals of 2008 and 2009, according to a new study.
|
|
Read more...
|
|
Man Group Steps Up Cost Cuts As Funds Under Management Fall |
| Print | |
|
January 18, 2012 |
|
Man Group Plc, the world’s largest publicly traded hedge fund, will
reduce pay and eliminate jobs in a plan to reduce costs by about 10
percent as market turmoil prompted clients to withdraw money.
|
|
Read more...
|
|
Clients Lean On SFOs For Healthcare Services, Study Says |
| Print | |
|
January 17, 2012 |
|
Wealthy families are increasingly turning to their family offices for
help with their healthcare needs, according to a new study.
|
|
Read more...
|
|
Cartier Turns To More Discreet Watches To Assuage Guilt |
| Print | |
|
January 16, 2012 |
|
Cartier says it’s pulling ahead of luxury rivals
with watches that match the tenor of the times for less ostentatious
displays of wealth.
|
|
Read more...
|
|
Billionaire Paulson Persists With Property |
| Print | |
|
January 13, 2012 |
|
Mortgage securities are drawing buyers after tumbling last year and
handing billionaire hedge fund manager John Paulson his first loss in
the bond market.
|
|
Read more...
|
|
IRS Gives U.S. Citizens Chance To Come Clean |
| Print | |
|
January 11, 2012 |
|
The Internal Revenue Service is giving U.S. citizens who have shielded
assets offshore a third opportunity to come clean, pay a penalty and
avoid criminal prosecution.
|
|
Read more...
|
|
Bordeaux Prices May Dip On Weak Demand |
| Print | |
|
January 10, 2012 |
|
Prices of top Bordeaux may drop further at Hong Kong sales this month as demand declines
on concern about economic weakness and financial-market volatility.
|
|
Read more...
|
|
IRS Reopens Voluntary Disclosure Program For Offshore Assets |
| Print | |
|
January 09, 2012 |
The U.S. Internal Revenue Service is reopening a program that allows
citizens to voluntarily disclose assets they are holding offshore.
|
|
Read more...
|
|
|
|
|
|
Page 1 of 15 |
|
|
|
