Author Archives: Editor
Druckenmiller: Surprised by Soros’ Comments About Hedge Funds
ValueWalk – Hedge fund icon and former Chairman, President and CIO of Duquesne Capital, Stan Druckenmiller joined Bloomberg Television’s Stephanie Ruhle and Erik Schatzker on “Market Makers” for a full hour and said, the government must address entitlement spending “This […]
Mastic Hedge Fund Appoints James O’Brien as Chief Executive
BusinessWeek – Mastic Investment Advisory AG, the Zug, Switzerland-based commodities hedge fund, appointed James O’Brien as chief executive officer and chief risk officer. O’Brien is a former colleague of Mastic Chief Investment Officer Kieran McKenna from Goldman Sachs Group Inc., […]
Asia Pacific Hedge Funds Plan for Growth
ValueWalk – Asia-Pacific has been a growing region in the hedge fund industry in recent years as both investors and managers have realized the potential of this emerging region for alternative investments. However, the industry in the region has still […]
Vodafone Calls Hedge Fund’s Bluff
NYT – Vodafone is right to defy the hedge funds over its $10 billion bid for Kabel Deutschland. The London-listed mobile giant says it won’t alter its agreed offer for the German cable company, even after Elliott Management and Davidson […]
Hedge-Fund Billionaires: Top 2 ETF’s Down 12% In 2013-Reversal Time?
iStockAnalyst – ETF’s are one of the greatest financial inventions of the last 20 years. The ETF has surged to incredible popularity with both regular investors and hedge-fund billionaires alike because of the long list of benefits these instruments offer. […]
Top hedge fund in bid to shape up Sotheby’s
Reuters – Hedge fund manager Mick McGuire is not an art collector and has never felt the thrill of bidding in a Sotheby’s (BID.N) auction, where adrenaline spikes with each multimillion-dollar sale of a Cezanne, Rothko or Picasso. Still, he […]
Two Indicted in $275 Million Investment Fraud Scheme Involving the Sale of Medical Accounts Receivable to Hedge Funds
New York (HedgeCo.Net) – A federal grand jury has indicted Richard Shusterman, age 50, of Highland Beach, Florida, and Jonathan E. Rosenberg, age 44, of West Orange, New Jersey, on charges of conspiracy and wire fraud, in connection with a […]
McGladrey’s 5th Annual Investment Industry Summit on September 18th
New York (HedgeCo.Net) – The United States is expected to continue its economic expansion while the U.S. equities are in a bull market, Omega Advisors’ Vice Chairman Steven Einhorn predicts. Einhorn, who will give the keynote address at McGladrey’s 5th […]
Vodafone’s German Deal in Balance in Hedge-Fund Catch-22
Vodafone Group Plc (VOD)’s 7.7 billion-euro ($10.2 billion) takeover of Kabel Deutschland Holding AG (KD8) is under threat amid speculation that a hedge fund that boosted its stake in the target did so to squeeze extra cash from the deal. […]
Hedge Fund Manager Carl Icahn Loses In The Most Entertaining Way
Buzzfeed – Carl Icahn, the billionaire investor who’s been fighting a buyout of Dell by co-founder Michael Dell and Silver Lake Partners for most of this year, has given up. Icahn, in an open letter to fellow shareholders today, said […]
Hedge fund takes 12% stake in News Corp.
USA Today – A Memphis-based asset management firm known as a value investor has scooped up a big chunk of Rupert Murdoch’s News Corp. Southeastern Asset Management has acquired a nearly 12% voting stake in News. Corp, according to regulatory […]
World’s Ultra Wealthy Reach An All-Time Record
New York (HedgeCo.Net) – Despite ongoing economic and geopolitical uncertainties, the world’s ultra wealthy population reached an all-time high of 199,235 individuals with a combined fortune of nearly US$28 trillion in 2013, growing by more than six percent in population size from […]