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Daido Life Plans to Increase Investment in Hedge Funds
(
Fund News
)
Daido Life Insurance Co., with assets of $58 bn, will increase investment in private equity and hedge funds, while selling lower-yielding Japanese debt.
Hedgeweb - FRI, MAY 23 2008
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UBS sells shares at deep discount in rights issue
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Headlines
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UBS AG, the biggest European casualty of the subprime crisis, plans to sell new shares at a 31 percent discount to yesterday's closing price.
Hedgeweb - THU, MAY 22 2008
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Residential Capital LLC is fighting to avoid bankruptcy
(
Business, Economy & Finance
)
Residential Capital has said it may not be able to meet debt obligations unless it comes up with an additional $600 million by the end of June.
Hedgeweb - THU, MAY 22 2008
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AIG aims to raise more new capital
(
Business, Economy & Finance
)
American International Group (AIG) revealed it would raise about $20bn in new capital to protect its balance sheet.
Hedgeweb - WED, MAY 21 2008
Read More...
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