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...Lenders including Bank of America and Barclays have been forced to hold on to loans made to fund large buyouts, including the Twitter deal and the takeover of Citrix, leaving them nursing big losses....
Move by S&P Dow Jones Indices highlights risks of swap-based contracts, especially in frontier markets
...Chase Coleman’s hedge fund Tiger Global ended the second quarter nursing heavy losses amid a tech stock rout that has caused performance across one of the world’s largest hedge funds to plummet....
Credit investor had profited on Hertz trade but is nursing a $400mn paper loss on latest car market wager
...Many investors may be nursing losses so large they are unwilling to withdraw their funds. “There is a category of investor that is trapped,” said Ben Johnson, head of client solutions at Morningstar....
...It was a filing made by an entity named FCM BBBY Holdings, LLC which listed its address as a nondescript Wyoming office building....
...This is a change: a year ago, none of the stocks in the index were nursing such big declines....
...SolarWind shares changed hands at $18.52 on Wednesday, leaving the Canadian pension fund nursing a paper loss of about 15 per cent after less than 10 days....
...Since reporting its first Covid-19 cases in March, Genesis has been forced to limit family visitation and close some nursing homes to new residents....
...The defaults occurred within a portfolio of 157 “hospitality properties” and 357 nursing homes, assisted living centres and other healthcare-related properties, which accounted for nearly three-quarters...
...Colony Capital, the real estate investment group founded by Tom Barrack, said in May that its portfolio companies had defaulted on $3.2bn of debt secured by properties that include nursing homes and hotels...
...That has left banks holding shares in AMS worth more than $500m and nursing losses as shares in the company fell on Wednesday....
...In the Washington DC suburb of Bethesda is the headquarters of Midcap Financial, which takes money from Apollo clients and lends it to nursing homes, grocery stores and other midsized businesses....
...Long-term care insurance had been purchased by working-age adults in the 1980s and 1990s, to be used to help pay for nursing home care....
...The idea is to fill the void in small business lending left by the large Italian banks, which are nursing more than €170bn of bad loans, even if these fell sharply last year to their lowest level in three...
...(WSJ) Senior insecurity A nursing home chain owned by the Carlyle Group is facing accusations of senior neglect, including claims of overdoses, bedsores and broken bones....
...The buyout firm founded by billionaire Leon Black sold fewer shares than planned, leaving its funds nursing mark-to-market losses of nearly $1.5bn as the share price fell....
...The company is still heavily exposed to the troubled healthcare sector through its ownership of senior housing, skilled nursing facilities, hospitals and medical offices....
...Researchers at the Wellcome Trust Sanger Institute and London School of Hygiene and Tropical Medicine used new “genomic surveillance” technology to trace the spreading of MRSA (methicillin-resistant Staphyloccus aureus...
...A Credit Suisse product once valued at $2.2bn has fallen victim to Wall Street’s dramatic equities sell-off, leaving institutional investors and hedge funds nursing heavy losses while the Swiss bank said...
...Related Links:Porsche LLC?...
...and chairman of Research Affiliates, the US company that developed some of the world’s first smart-beta indices, said the underlying ideas behind many of these are “nonsense” and would leave investors nursing...
...The market’s expectation before the referendum was for the UK to remain in the EU, so many hedge funds that bet on the country staying in are nursing losses....
...He believes the soaring popularity of some smart-beta strategies will lead to a severe fall in investment performance in the next few years, leaving some investors nursing large losses....
...Smart beta, one of the most popular investment strategies of the past 12 months, could go “horribly wrong” and leave investors nursing large-scale losses, according to one of the pioneers of the concept....
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