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U.S. judge calls Argentina debt swap plan 'illegal'
By Reuters
08/22/2014 10:53:53 AM ET

NEW YORK (Reuters)—U.S. District Judge Thomas Griesa on Thursday [Aug. 21] called Argentina's proposed debt restructuring plan "illegal" but stopped short of holding the country in contempt, saying that would not help resolve the dispute that led to the nation's second default in a dozen years.
NML Capital calls on U.S. court to hold Argentina in contempt
By Reuters
08/21/2014 1:54:23 PM ET

NEW YORK (Reuters)—A U.S. investment fund pressing for full repayment on Argentine debt is urging a U.S. judge to consider declaring Argentina in contempt after Buenos Aires announced plans to skirt court rulings that pushed it into default.
Hedge fund exit requests rise in August
By Reuters
08/20/2014 5:37:09 PM ET

LONDON (Reuters)—Investor requests to pull out money from hedge funds rose in August, according to data released on Wednesday [Aug. 20], an increase typically seen at this time of year.
Argentina bonds, peso reel on country's debt swap plan
By Reuters
08/20/2014 5:21:52 PM ET

BUENOS AIRES (Reuters)—Argentina's new plan to skirt U.S. courts and resume payment on defaulted bonds aims to protect creditors who participated in two debt restructurings, the economy minister said on Wednesday [Aug.
Argentina aims to skirt U.S. court, bring debt under national law
By Reuters
08/20/2014 11:59:41 AM ET

BUENOS AIRES (Reuters)—President Cristina Fernandez on Tuesday [Aug. 19] unveiled legislation that seeks to push bondholders to swap defaulted debt for new notes governed by Argentine law, a move aimed at skirting a U.
Porsche prevails at U.S. appeals court over VW squeeze
By Reuters
08/15/2014 5:37:30 PM ET

NEW YORK (Reuters)—Porsche Automobil Holding SE persuaded a U.S. federal appeals court to uphold the dismissal of a lawsuit by more than 30 hedge funds that claimed to suffer big losses because the German automaker fraudulently cornered the market in Volkswagen AG shares.
Argentina debt talks collapsed over price, guarantees
By Reuters
08/14/2014 4:14:22 PM ET

NEW YORK (IFR)—Argentine debt talks collapsed due to disagreements over the price of its bonds and the absence of a government guarantee to honor payments on them, sources close to the discussions said. International banks had appeared to be nearing agreement to buy Argentina paper from holdout creditors who have refused to accept a debt restructuring deal with the sovereign.
Argentina calls hedge funds in debt case an 'international mafia'
By Reuters
08/14/2014 11:18:57 AM ET

BUENOS AIRES (Reuters)—The hedge funds suing Argentina over its 2002 debt default are an "international mafia" out to wreck the country's finances, the government said on Thursday [Aug. 14], pumping up the rhetoric in a battle that is squeezing the struggling Argentine economy.
Aurelius sees no realistic private solution in Argentine dispute
By Reuters
08/13/2014 5:44:13 PM ET

NEW YORK (Reuters)—Argentine holdout creditor Aurelius Capital Ltd. said on Wednesday [Aug. 13] that talks with many financial institutions about finding a private settlement solution to the sovereign debt dispute had garnered no realistic proposals.
Argentina slams U.S. judge in debt case, defies contempt threat
By Reuters
08/13/2014 1:24:23 PM ET

BUENOS AIRES (Reuters)—Argentina came out swinging on Wednesday [Aug. 13] against the U.S. judge overseeing its debt default case, defying a threatened contempt order and dashing market hopes it might soon restart talks with the hedge funds suing the country.
Argentine debt mediator expects more meetings ahead
By Reuters
08/13/2014 10:29:09 AM ET

NEW YORK (Reuters)—Daniel Pollack, the court-appointed mediator in the debt dispute between Argentina and holdout creditors, who has come under fire from the Argentine government for his handling of the talks, expects to hold more meetings with both sides. U.
Data show investors raise hedge fund bets in August
By Reuters
08/12/2014 4:23:42 PM ET

LONDON (Reuters)—Investor interest in hedge funds rose in August as they added more cash than they redeemed, even as performance dipped during July, data showed on Tuesday [Aug. 12].
International banks struggling to cut Argentina debt deal
By Reuters
08/12/2014 3:53:57 PM ET

NEW YORK (IFR/Reuters)—International banks are struggling to reach a deal to buy a chunk of Argentine sovereign debt held by New York hedge funds suing the country, sources close to the negotiations said on Tuesday [Aug. 12].
BlackRock launches multi-manager alternatives fund for retail investors
By Reuters
08/12/2014 2:46:22 PM ET

NEW YORK (Reuters)—BlackRock Inc., which has been heavily promoting alternative investments to retail investors, intensified that effort on Tuesday [Aug.
Brevan Howard to battle co-founder Rokos' rival plans: report
By Reuters
08/11/2014 10:58:58 AM ET

LONDON (Reuters)—Hedge fund firm Brevan Howard is battling a court case filed by former trader Christopher Rokos, who is asking for his five-year non-compete clause to be overturned, the Financial Times reported on Sunday [Aug. 10], citing documents filed to a court in Jersey.
Funds ready to pay towards reform of FX-fixing system
By Reuters
08/08/2014 4:51:24 PM ET

LONDON (Reuters)—Asset managers will agree to pay more for currency "fixing" services when they respond later this month to proposals by global regulators for reforms of foreign exchange benchmarks, industry sources said on Friday [Aug. 8].
Alternative investments to grab up to 40 percent of revenues by 2020: McKinsey
By Reuters
08/06/2014 2:24:17 PM ET

NEW YORK (Reuters)—Hedge funds, private equity funds and other alternative investments will command up to 40 percent of the asset management industry's global revenues by 2020 as investors seek them for safety and consistent returns, consulting firm McKinsey & Co. said on Wednesday [Aug.
Goldman rethinks services it provides to hedge funds: report
By Reuters
08/05/2014 1:48:08 PM ET

NEW YORK (Reuters)—Goldman Sachs Group Inc. is jettisoning less-profitable hedge-fund clients and raising fees on others as it tries to adapt to new banking rules, The Wall Street Journal reported on Monday [Aug.
Man Group inflows slow, profit margins narrow
By Reuters
08/01/2014 2:00:14 PM ET

LONDON (Reuters)—Hedge fund manager Man Group Plc reported a sharp fall in net inflows in the second quarter on Friday [Aug. 1] and its chief executive said he was cautious on the outlook for the rest of the year, attracting a mixed reaction from analysts.
International banks eye Argentina holdout debt
By Reuters
08/01/2014 10:41:30 AM ET

NEW YORK (IFR)—International banks could be joining the effort to buy up the Argentine debt from sovereign's holdout creditors and resolve the messy default standoff, multiple sources said Thursday [July 31]. Just as Argentina went into its second default in 13 years following a bitter legal fight in the U.

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