Author Archives: Editor
Federal Reserve’s current policy will “end badly”, says hedge fund manager Stanley Druckenmiller
Economic Times – Iconic hedge fund manager Stanley Druckenmiller, the founder of Duquesne Capital Management, skewered the Federal Reserve at the CNBC Delivering Alpha conference. He says today’s Federal Reserve policy is as “baffling” as he’s ever seen. Druckenmiller said […]
U.S. hedge fund charts recovery plan for American Apparel
Reuters – Standard General, a little-known hedge fund that has taken the reins of American Apparel Inc, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney. The fund invests in […]
Hong Kong Hedge Fund Azentus Returned 2.3% in Second Quarter
WSJ – Hong Kong hedge-fund firm Azentus Capital Management Ltd., run by former Goldman Sachs Group Inc. proprietary trader Morgan Sze, bounced back in the second quarter after a “difficult” start to the year, according to an investor letter seen […]
Hedge fund manager Cooperman says market gains will slow
Reuters – Hedge fund manager Leon Cooperman, who has forecast that the Standard & Poor’s 500 stock index will hit 2000 this year, cautioned on Wednesday [July 16] that gains will be slower as the market is more fairly valued […]
Hostile hedge fund Starboard boosts stake in Darden to 7.1%
Orlando Sentinel – Starboard Value, a hedge fund with a hostile plan to replace Darden Restaurant’s board and management, has been buying more Darden stock. Starboard’s ownership surge – now 7.1 percent, up from 6.2 in May – comes as […]
Paulson Hedge Fund Backs Potential Sprint, T-Mobile Merger
WSJ – Sprint Corp. S +0.37% and T-Mobile TMUS +0.44% US Inc. haven’t yet announced their plans to merge but they already have an influential shareholder on board: billionaire hedge fund manager John Paulson. Paulson & Co. played a prominent […]
Long-only hedge funds hold key to emerging markets
Risk.net – Addressing common institutional approaches to long-only emerging markets allocations, hedge funds are less volatile and produce higher returns than mutual funds or ETFs Since the 2008 financial crisis, investors have flocked to emerging markets (EMs) for return generation […]
Hedge Fund Research: Highly Disproportionate Inflows into Non-U.S. Equities Persist
New York (HedgeCo.Net) – TrimTabs Investment Research reported today that U.S. investors have overwhelmingly favored non-U.S. equities this year. While U.S. equity mutual funds and exchange-traded funds have received $12.6 billion, global equity mutual funds and exchange-traded funds have raked […]
SEC Announces Charges in Scheme to Secretly Enable Lawbreakers to Run Microcap Company
The Securities and Exchange Commission today announced fraud charges against four individuals and a microcap company for concealing from investors that two lawbreakers ran the company. According to the SEC’s orders instituting administrative proceedings, the mission of Natural Blue Resources […]
KKR Takes Minority Stake in Hedge Fund BlackGold Capital
New York (HedgeCo.Net) – Global investment firm KKR & Co. L.P. is acquiring a 24.9% interest in credit-oriented hedge fund BlackGold Capital Management, the WSJ reports. Founded in 2006 by co-founders Erik Dybesland and Adam Flikerski, Blackgold manages $1.4 billion in […]
Madoff sons took millions for real estate, trustee alleges
Reuters – Bernard Madoff’s sons created accounts out of thin air and engineered sham loans to buy pricey Manhattan real estate as they diverted tens of millions of dollars of money from their father’s firm, a court-appointed trustee said on […]