Monthly Archives: August 2015
American Express up Over 8% After Stake Announced by Activist Fund
New York (HedgeCo.net) – When it was announced on Friday that activist hedge fund ValueAct Capital Management had secured a $1 billion stake in American Express (NYSE: AXP), it was natural to expect a bounce in the stock and bounce […]
Ackman Calls Out Wall Street Journal
New York (HedgeCo.net) – It is no secret that Bill Ackman and his hedge fund Pershing Square Capital are big investors in government sponsored enterprises Fannie Mae and Freddie Mac. Ackman has been touting the two stocks for a year […]
Hedge funds foiled by Europe’s distorted debt market
(Reuters) – Ultra-easy European Central Bank monetary policy is protecting the debts of some of the bloc’s weakest countries from attack by speculative hedge funds. Through a combination of low rates and bond purchases over the last four months, the […]
UBS said to close feeder fund
(Reuters) – UBS shut down a feeder fund that provided wealthy clients access to billionaire investor John Paulson‘sAdvantage fund due to the high cost of operating that portfolio, two sources said last week. Reuters reports that the bank shut down the […]
Warren Buffett just crushed Bill Ackman’s dream deal
(Yahoo Finance) – Warren Buffett — billionaire investor, philanthropist, Bill Ackman dream-crusher. Last week The Wall Street Journal reported that Ackman’s hedge fund, Pershing Square, had taken a $5.5 billion stake in Mondelez, the snack company behind Oreos and Ritz […]
BlueCrest Sued in U.S. as Libor Fallout Ensnares Hedge Fund
(Bloomberg) – BlueCrest Capital Management was sued by a group of investment firms over claims an employee at the hedge fund run by billionaire Michael Platt conspired with banks to rig the Swiss franc Libor rate. The allegations closely follow […]
Hedge Funds Foiled By Europe’s Distorted Debt Market
(Reuters) Ultra-easy European Central Bank monetary policy is protecting the debts of some of the bloc’s weakest countries from attack by speculative hedge funds. Through a combination of low rates and bond purchases over the last four months, the ECB […]
Activist Hedge Fund ValueAct Takes Stake in AMEX
(Reuters) – Activist hedge fund ValueAct Capital Management LP has taken a stake in credit card issuer American Express Co (AXP.N), which is struggling with the loss of several co-branded tie-ups amid intense competition. Related Stories. The company’s shares jumped […]
Behind Enemy Lines: Foreign Hedge Funds Thrive In China
(Reuters) – Hundreds of foreign hedge funds and traders are working in a regulatory grey area in China, using speculative trading strategies that are complicating regulators’ efforts to calm the country’s turbulent stock markets. Interviews with more than a dozen […]
How Liquid Are Liquid Alternatives?
New York (HedgeCo.net) Liquid alternative mutual funds have seen explosive growth over the last five years and with good reason. The idea behind liquid alts is to offer the benefits of hedge fund strategies while eliminating some of the issues […]
Industry Survey Suggests Blended Portfolios On The Rise
New York (HedgeCo.net) – Citigroup recently released its sixth annual Industry Evolution Survey and the results showed that investment managers are working on portfolios that make use of new products and attempt to build dynamic portfolios that blend different asset […]
Big Difference in Commitment Of Traders For S&P and NASDAQ
New York (HedgeCo.net) – The latest commitment of trader’s reports on Friday showed that large speculators have differing opinions on two of the three main indices at this time. The mini S&P futures show a net short position of 116,649 […]