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First CalPERS, Now Texas Teachers Cut Hedge Fund Exposure

Business & Finance : Zero Hedge

Earlier in the week, perhaps reflecting on the fact that 90% of hedge fund managers are overpaid, California Public Employers Retirement System (CalPERS) announced it would cut its entire exposure to hedge funds. It seems the decisi...

Deutsche Bank Prop Trader Kay Haigh Quits With His Team To Start His Own Hedge Fund (DB)

Business & Finance : Business Insider: Money Game

Last week, it was Goldman Sachs; this week it's Deutsche Bank's turn to lose a veteran and trading superstar to the hedge fund universe. Kay Haigh, who's been with Deutsche since 1994, is leaving the firm with seven of his traders i...

Executive to Leave Deutsche Bank to Start Hedge Fund

Business & Finance : DealBook

Even though many hedge funds are seeing capital fly out the door, Boaz Weinstein, Deutsche Bank's co-head of global credit trading, plans to leave the bank to start a hedge fund of his own. The 35-year-old Mr. Weinstein, who is leav...

Hedge funds are dumping Deutsche Bank

Business & Finance : Business Insider: Clusterstock

Hedge funds are starting to pull business from Deutsche Bank, amid mounting concerns about the struggling German lender. Bloomberg News reported last night that about 10 hedge funds have moved to limit exposure to the bank and have ...

Deutsche Bank under pressure as hedge funds cut exposure

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

Deutsche Bank came under mounting pressure this evening after it emerged that some hedge funds worried about its financial health had started to trim their exposure to the troubled lender, sparking fresh fears about its future.   Ab...


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