FX & Money Markets

Macroeconomics, monetary policy, FX and money markets
Caledonia Investments-backed fund firm Eddington Capital to liquidate

Caledonia Investments-backed fund firm Eddington Capital to liquidate

Reuters revealed exclusively on Aug 13 that Caledonia Investments-backed hedge fund firm Eddington Capital is to liquidate. The news gave clients valuable insight into the difficulties still facing the hedge fund industry in the wake of the credit crisis. Dow Jones was forced to match the Reuters scoop, reporting the story 50 minutes later, while newspapers The Times and The Daily Telegraph both ran the story the day after. The story was also picked up by specialist industry media HedgeFund.net and Hedge Review.

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