Monthly Archives: January 2012

Nets Owner Mikhail Prokhorov Worth Billions Less

The fortune of Russian billionaire and presidential candidate Mikhail Prokhorov has dropped in the past year as the value of his public holdings took a beating… Source: http://www.forbes.com Advertisements

Analysis: China’s $300 billion fund a wake-up call to U.S.

China’s plan for a new $300 billion sovereign wealth fund is as much a warning to Washington as it is a body blow to Brussels… reuters.com

Billionaire Paulson Persists With Property

Mortgage securities are drawing buyers after tumbling last year and handing billionaire hedge fund manager John Paulson his first loss in the bond market…. bloomberg.com

Hedge Funds to Draw $80 Billion in 2012

…a survey of investors at a symposium in New York with about $4 trillion of assets under management, including $500 billion in hedge funds… bloomberg.com

Billion$ Lost: Goldman makes a serious Mistake

Goldman Sachs Asset Management managed most of the $840 billion in assets Goldman oversaw in December.. bloomberg.com