Tag Archives: investors
Hedge Fund Portfolio Tracking: SAC Capital
Seekingalpha.com – Since inception, its funds have returned on average 40% annually, which explains how they can charge a 50% performance fee to investors, compared to the normal 20% that most hedge funds charge. They are very active traders and […]
Apple’s Jobs takes medical leave, shares tumble
Yahoo News – Apple Inc chief and tech visionary Steve Jobs will take a leave of absence till end-June because of health problems "more complex" than thought, backtracking on reassurances, stunning investors and sending its shares skidding 10 percent on Wednesday. […]
ACF, Bank of America Sue Hedge Fund Steel Partners
CNNMoney.com – ACF Industries and Bank of America Corp. (BAC) are suing hedge fund Steel Partners, accusing the fund of fraud by failing to tell investors of plans to go public, Reuters reported Wednesday. Reuters says ACF, which court documents […]
Battered hedge funds face difficult 2009
Daily Herald – Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" – outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with eye-popping […]
Hedge Funds & Private Equity & Bears
istockAnalyst.com – First it was the sovereign wealth funds, controlling vast portions of American companies. Then it was the private equity cowboys who came in and took public companies private, removing them from public investment – and scrutiny. Finally, there […]
Hedge funds post record US$350b loss in 2008
Business Times Malaysia – Hedge funds posted their biggest decline on record last year, losing US$350 billion globally, as the credit crisis crippled returns and forced investors to pull money out, an industry report showed. About 90 per cent of the […]
Hedge Funds Challenges in a Changing World
Al-Bawaba – Never before in its short history was the hedge funds community confronted with the challenges nor the pressures it is facing today, following a six-year boom,with Madoff’s scandal coming as the icing on the cake following the US […]
Steel Partners Seeks to Convert Biggest Fund to Public Company
Bloomberg – Activist investor Warren Lichtenstein is seeking to convert his largest hedge fund into a publicly traded partnership after clients sought to withdraw 38 percent of their money. The $1.2 billion Steel Partners II Fund lost 39 percent last […]
Burning hedges blow smoke on Busson
The Australian – ARPAD Busson is angry. He has just looked at the returns of a hedge fund he used to invest in and they’re down more than 60 per cent in the past nine months. "That a-hole!" Busson says […]
White Plains hedge funds sued in Madoff investment scandal
Lower Hudson Journal news – Four hedge funds are at the center of a federal class-action lawsuit accusing them of steering millions of dollars from investors to Bernard Madoff. The lawsuit, filed in U.S. District Court in Manhattan, charges that […]
