Hedge Funds George Soros

  • BOSTON, June 30- Chesapeake Partners, a $1.4 billion hedge fund that bet on special situations including mergers, bankruptcies and spin-offs, is shutting down after an 18- month stretch of losses, as it blamed government regulation for making investing tougher. Founders Traci Shanbrun Lerner and Mark Lerner, in a June 27 letter to investors, which was seen by...

  • Vote for Brexit is a great shock: George Soros

    Business magnate George Soros says Brexit has aggravated looming dangers in the markets, including a crisis in financial markets.

  • *UK bank shares, sterling fall sharply. LONDON, June 29- Britain's Brexit vote has battered UK bank shares and rocked the country's financial markets, but a 2008- style seizing-up of its banking system looks unlikely. There have been echoes of 2008 following the June 23 vote to take Britain out of the European Union, with some bank shares tumbling more than 30...

  • FRANKFURT, June 28- Billionaire investor George Soros took out a bet of more than 100 million euros that Deutsche Bank shares would fall at the time of Britain's vote to quit the European Union, according to a regulatory filing. Soros, who is renowned for successfully betting against the pound in 1992, had a "short" position of 0.51 percent or about 7 million...

  • George Soros

    Bullish positions in gold and volatility and short bets on China and emerging markets were some of the trades that benefited hedge funds on Friday.

  • George Soros did not bet against the pound this time

    A spokesman reveals the billionaire investor did not bet against the sterling before the UK referendum on EU membership.

  • George Soros

    "George Soros did not speculate against sterling while he was arguing for Britain to remain in the European Union," a spokesman for Soros said.

  • June 25- Billionaire investor George Soros on Saturday called for thorough reconstruction of the European Union in order to save it, even though he warned that Britain's vote to leave the bloc makes "disintegration of the EU practically irreversible." Soros, who warned of financial meltdown if Britain voted to leave the EU before Thursday's referendum, also...

  • June 25- Billionaire investor George Soros said on Saturday that Britain's vote to leave the European Union makes "disintegration of the EU practically irreversible," and that the effects of Thursday's referendum will likely damage Britain. "Britain eventually may or may not be relatively better off than other countries by leaving the EU, but its economy and...

  • INVESTOR GEORGE SOROS SAYS' BREXIT' MAKES' DISINTEGRATION OF THE EU PRACTICALLY IRREVERSIBLE'.

  • LONDON, June 24- British markets plunged on Friday, with sterling hitting a 31- year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold off sharply, pushing UK government borrowing costs sharply higher, as traders and investors grappled with the market...

  • LONDON, June 24- Sterling plunged to its lowest in three decades and the value of London's big banks sank by the most since the 2008 financial crisis on Friday as Britain's shock vote to leave the European Union sparked turmoil on global financial markets. But sterling was still down more than 6 percent against the dollar by mid-morning in London, its biggest fall...

  • LONDON, June 24- UK financial markets braced for one of their most volatile days ever on Friday, with sterling hitting a 31- year low in its biggest fall in history after Britons voted to leave the EU and David Cameron said he would resign as prime minister. Government bond yields pointed to a new record low and UK and European stocks opened 8 percent lower,...

  • The vote is expected to deliver at least a short-term hit to growth in Britain and might push it into recession. It could prompt the Bank of England to cut interest rates to zero and test the willingness of creditors to keep on funding Britain's current account deficit. Further ahead, the implications of the vote will depend on what kind of trading relationship...

  • LONDON, June 24- British markets plunged on Friday, with sterling hitting a 31- year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold off sharply, pushing UK government borrowing costs sharply higher, as traders and investors grappled with the market...

  • LONDON, June 24- Supporters of leaving the European Union seized the lead on Friday in the vote count from Britain's bitterly contested referendum, setting sterling on track for its biggest ever fall on world markets. In a mark of international concern, Japan's top currency diplomat Masatsugu Asakawa said he would consult with Finance Minister Taro Aso on how...

  • *Leave stronger than expected in northeast England. LONDON, June 24- Britain's bitterly contested referendum on whether to quit the European Union was too close to call on Friday as partial results showed a deeply divided nation, while the pound was hammered on growing market fears of a "Brexit". They scored close to 70 percent of the vote in Hartlepool in northeast...

  • LONDON, June 24- British markets plunged on Friday, with sterling on track for its biggest ever one-day fall and UK stock futures pointing to a steep fall at the market open, after EU vote counts indicated Britons could be on course to leave the European Union. London bankers working through the night said they hadn't seen anything like the volatility sweeping...

  • The Palace of Culture and Science is illuminated in Union Jack colours by Warsaw's capital authorities in support of Britain staying in the EU, in Warsaw, Poland.

    The motivations of Brexit supporters are similar to those sparking the rise of Donald Trump in the United States, two economists tell CNBC.

  • *Latest polls show support for "Remain" in Thursday's UK vote. *Investors remain cautious as UK voters closely divided. In the equity markets, London's FTSE was up 0.6 percent and neck and neck with German's DAX at the top of European leader board, both of which helped push MSCI's 46- country All World index higher.