City comment: These are remarkably difficult times for the fund management industry. Though that is not a comment calculated to bring a tear to the eye of a grateful nation, it is nevertheless hugely important... more
Probably the most infamous hedge-fund manager in London, RAB Capital, is set to quit the stock market after its directors launched a 10p-a-share takeover proposal that values it at £27 million... more
British hedge fund RAB Capital, famed for its disastrous bets on shares in Northern Rock before the bank collapsed, announces it could withdraw its shares from the stock market amid an exodus of investors in its funds... more
RAB Capital's infamous Special Situations Fund is likely to see investors withdraw almost 80% of their funds when it reopens for business in October... more
Hedge funds firm RAB Capital admits its losses almost trebled last year as continues its attempts to recover from an exodus of clients during the credit crisis... more
Hedge fund RAB Capital fails to follow an industry trend of cash inflows from new clients with its assets under management unchanged at $1.35 billion... more
Hedge fund manager Philip Richards, who lost millions betting on Northern Rock, saves £66,000 by bagging an early dividend payment to beat the looming 50% tax rate... more
The roots of the financial crisis lie not in the greed and excess of a handful of the world’s bankers, nor in their reward systems or penchant for innovation... more
A credit crunch is the worst possible news for a highly borrowed business, and when it burst on a largely unsuspecting world it was inevitable that the hedge fund industry would be in deep trouble. Optimists predicted half the funds would be forced to close their doors, the pessimists said it would be two thirds ... more
Angry shareholders in Northern Rock returned to court to step up their fight for compensation following last year’s nationalisation of the failed bank ... more
Secretive, arrogant, reckless. These are some of the nicer things they say about the hedge fund industry. Responsible for bringing the financial system to its knees? You could easily argue that.... more
Bradford & Bingley shareholders who feared they were wiped out when the former building society was nationalised in September may get a modest payout from the Government... more
Top London hedge fund RAB Capital was plunged into further crisis as it admitted fleeing customers and crashing stockmarkets have wiped out 75% of its assets under management... more
Legal Analysis: Company directors who take care to comply with recently imposed duties should have little to fear from litigation by shareholder activists, according to a leading City solicitor... more
Finance: The crash in the value of RAB Capital's Special Situations fund has been extended to more than 60% in the past nine months, the hedge fund group was forced to admit... more
These are tough times for hedge funds. Earlier this year when the credit crunch showed no sign of easing, one industry insider predicted that between half and two thirds would not see out the year... more
Finance: Hedge fund manager RAB Capital announced plans to slash the fees on its flagship Special Situations fund to stem a possible exodus of investors... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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