Monthly Archives: June 2013
Unintended Consequences Of Bernanke’s Fed Hedge Fund
Seeking Alpha – To taper or not to taper is the obvious short-term catalyst moving the market. Beneath the surface, however, a deeper issue is at play. Under Ben Bernanke’s leadership the Federal Reserve has evolved into the world’s largest, […]
Hedge Fund Managers Didn’t Know They Were Paying For Their Inside Information
Dealbreaker – You’re only guilty of criminal insider trading, in America, if: you trade on information that is material and nonpublic, and some other stuff. The other stuff is mostly stuff that only a lawyer could love, but man do they love […]
Tim Hortons pressed by a second hedge fund, shares jump
Reuters – Canada’s Tim Hortons Inc (THI.TO) is under mounting pressure from activist investors to boost shareholder value a few weeks before a new CEO takes over after a second hedge fund said it had amassed a big stake in […]
Report: Hedge fund industry growth stagnant as larger players dominate
MarketWatch – Elite hedge fund titans are having a tough time maintaining star status in the investing world. The hedge fund business is growing at a slower pace with fewer, larger players in the market, according to a Barclays report on […]
Hedge funds brace for renewed debt crisis
Reuters – The euro zone’s debt crisis may be far from over, while Japan’s money-printing gamble to revive its economy could destabilize global markets if it doesn’t work, some hedge fund managers say. They are taking the view that the […]
Activist Hedge Fund Ups Its Sony Stake
New York (HedgeCo.Net) – Hedge fund Third Point has added five million shares in Sony Corp., taking its stake to 7% (up from 6.5%). Daniel Loeb and his hedge fund want Sony to spin off part of its entertainment arm that will include a Hollywood […]
Hedge Fund Could Thwart Chinese Takeover of US Pork
Epoch Times – An activist investor could scuttle a proposed bid by China to acquire Smithfield Foods Inc., the biggest U.S. pork processor and hog producer. On Monday, the hedge fund Starboard Value LP sent a letter to the board […]
Hedge Fund Manager Pleads Guilty To An Elaborate Scheme To Defraud Investors
New York (HedgeCo.Net) – A North Carolina hedge fund manager who created fictional bank personnel to trick his auditor while he was defrauding investors has agreed to plead guilty to one count of securities fraud. James Shepherd, of Vass, North […]
Tim Hortons in crosshairs of second U.S. hedge fund
The Globe & Mail – Pressure is likely to mount on Tim Hortons Inc. now that it’s in the crosshairs of a second American hedge fund. Scout Capital Management says in a regulatory filing that it has boosted its Tim […]
Karvy eyes Rs 100 crore with maiden hedge fund
Business Standard – Hyderabad-based Karvy group has launched its first hedge fund, and aims to collect Rs 100 crore from a mix of high networth individuals and institutions, in its maiden foray into an industry which at its peak has managed trillions of dollars globally. […]
Hedge Fund Managers Seek to Mine DC Market
OWS – Advisors may soon see lower fees for liquid alternative asset funds – hedge fund mutual funds – thanks to the push by hedge fund managers to market these plans more aggressively into the defined contribution space, according to […]
Stan Druckenmiller Gave A Startlingly Blunt Reason For Why Hedge Fund Managers Don’t Like Bernanke
Business Insider – It’s no secret that a lot of hedge fund managers on Wall Street have no love for Ben Bernanke or his monetary policy. Journalists, economists and pundits have mused on the reason why more times that anyone […]