Author Archives: the HedgeCo News Team
Hedge Funds Cut Bets Most Since ’08 as Prices Slump: Commodities
Bloomberg – Hedge funds reduced bets on a commodity rally by the most since 2008 as rising supplies of everything from copper to sugar and slowing U.S. growth drove prices to the biggest slump in six months. Speculators cut net-long […]
Corn users stocked up at hedge funds fled
Agrimoney – Hedge funds cut their bullish positioning on corn futures by the second largest amount on record, after the US stunned markets by showing its stocks of the grain larger than expected. The Commodity Futures Trading Commission, the market […]
Hedge-Fund Star Gets a Hip Check
Wall Street Journal – Jeffrey Vinik’s Tampa Bay Lightning are struggling, but the performance of his National Hockey League team isn’t the only worry for the veteran stock-picker. Investors have asked to pull around $1.5 billion from his hedge-fund firm […]
Mariner Hires BlackRock’s Pellicciaro for New Hedge Fund
Bloomberg – Mariner Investment Group LLC, the $10 billion hedge-fund firm founded by William Michaelcheck, hired Eric Pellicciaro from BlackRock Inc. (BLK) to manage a global macro portfolio of a new multistrategy hedge fund. Mariner plans to hire several managers […]
Fund Launch by ELK Capital brings Agency MBS to the Hedge Fund Market
New York (HedgeCo.Net) – Elk Capital Advisors, LLC a self-managed & self-advised firm announced the launch of their new MBS Income and Performance Fund. The new fund seeks to capitalize on current dislocations in the U.S. residential mortgage market by […]
Hedge fund manager Ackman says mistakes made in JCPenney turnaround
(Reuters) – Hedge fund manager William Ackman is turning up the heat on the man he handpicked to turn around struggling retailer JCPenney. The “criticism is deserved,” Ackman said on Friday of Ron Johnson, the former Apple executive who has […]
Hedge funds are lapping up candidates with near-zero experience
Quartz – Ten years ago, hedge funds were relatively unknown entities. Often they were made up of Wall Street vets who had tired of the corporate culture at big investment banks and saw opportunities to make more money by going […]
How Hedge Funds Are Slowing JOBS Act Rules for Small Businesses
Business Week – When President Barack Obama signed the Jumpstart Our Business Startups Act into law one year ago today, his goal was to make it easier for small businesses and entrepreneurs to raise capital. Supporters of the JOBS Act […]
Hedge Funds Are Crazy About Alcatel Lucent SA
Insider Monkey – In the eyes of most traders, hedge funds are perceived as slow, outdated investment tools of the past. While there are greater than 8000 funds in operation at present, we at Insider Monkey choose to focus on […]
Hedge fund titans post gains on contrasting Herbalife bets
efinancialnews – Hedge fund titan William Ackman, whose $12.5bn Pershing Square Capital Management has sold “short” more than 20 million shares of Herbalife for over $1bn, is understood to have notched a $200m-plus paper profit on the trade till date. […]
Judge Is Skeptical of S.E.C. Deal With Hedge Fund
NYTimes – A federal judge raised questions on Thursday about a settlement of more than $600 million between the hedge fund SAC Capital Advisors and securities regulators to resolve insider-trading accusations, expressing specific concerns over a provision that allows SAC […]
Ex-Morgan Stanley manager launches Japanese equity hedge fund
(Reuters) – A former fund manager at Morgan Stanley Asset and Investment Management launched a Japanese equity long-short hedge fund on Monday, betting on interest from overseas investors after a recent surge in Tokyo stocks. Tsukasa Shimoda, the founder and […]
