Bailey Coates will close fund after racking up big losses
Article Abstract:
Bailey Coates Asset Management L.L.P. of the United Kingdom is posting approximately 25 percent losses with capital funds reduced to approximately $500 million. The hedge fund will return investors moneys and close the fund. Bailey Coates Asset Management L.L.P. had losses in both United States and European markets.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Economic aspects, Investor relations, Company Profile
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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U.K. regulator explores trades of GLG Partners
Article Abstract:
GLG Partners, mutual fund giant in the United Kingdom is under a preliminary investigation by the Financial Services Authority for a convertible bonds trade offered in 2003 by Sumitomo Mitsui Financial Group Inc. of Japan.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Legal issues & crime, Company legal issue, Investigations, United Kingdom. Financial Services Authority
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United Kingdom, Finance, Mutual fund industry, Company financing
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