Author Archives: Editor
Hedge fund star John Paulson set to quit the US
Independent – Billionaire hedge fund manager John Paulson is considering quitting the US for tax reasons, it emerged yesterday. Mr Paulson, who is best known for betting against the US subprime market in the lead-up to the financial crisis, is believed […]
Hedge Fund Donates $30 Million to Imperial College
NYT – Brevan Howard, the London-based hedge fund, agreed Monday to donate £20.1 million, or $30 million, to the Imperial College to set up a finance research center in its name. Brevan Howard will give the money to the business […]
Former CFO faces sentencing for hedge fund theft
AP – A New York man faces sentencing for embezzling more than $1 million from a hedge fund in Westport where he was chief financial officer. Darrin Foster, formerly of the Bronx, is scheduled to be sentenced Thursday in U.S. […]
Schweitzer, hedge fund notify SEC they intend to take over mining company
Missoulian – Investors including Montana’s former governor have filed formal notice with federal regulators of their intent to take over a precious metals mining company they say has been mismanaged. Former Gov. Brian Schweitzer and the Clinton Group hedge fund […]
China’s rule amendments to allow hedge fund registration
Opalesque Asia – China is set to formally recognize hedge funds with the full implementation of amendments to its Securities Investment Funds Law that allows registration of hedge fund firms in the mainland. The changes in Beijing’s investment funds will […]
Fugitive Hedge Fund Manager Arrested in Italy
New York (HedgeCo.Net) – Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, has been arrested in Italy on federal fraud charges that accuse him of orchestrating a market manipulation […]
Hedge Funds Cut Commodity Bets to ’09 Low as Goldman Says Buy
Bloomberg – Hedge funds cut bets on a commodity rally to a four-year low on signs of surplus supply in everything from coffee to zinc before Goldman Sachs Group Inc. said prices had fallen too far and investors should buy. […]
Falling correlations signal better times for equity long/short hedge funds
Risk – Analysis from JP Morgan shows strong relationship between intra-stock correlation and equity long/short hedge fund returns. Equity long/short hedge funds are benefiting from a drop in intra-stock correlation, which has held below its five-year average since mid-2012. Read […]
Hedge funds most bearish on ags since 2009 crisis
Agrimoney – Hedge funds turned their most bearish on agricultural commodities since the depths of the global financial crisis – but appear to have been wrong-footed in lean hogs – ramping up short bets– just ahead of a rebound in […]
Hostess Creditor, Private-Equity Firms Show Interest in Twinkies Brand: Report
CNBC – Hostess Brands creditor Silver Point Capital and hedge fund Hurst Capital have expressed interest in buying Hostess’s snack cake brands, including Twinkies, the New York Post reported. Silver Point Capital sent a letter to Hostess’s bankers in the […]
Hedge fund investors rediscover taste for equities-survey
Reuters – Hedge funds which bet on rising and falling shares have jumped to the top of investors’ buy lists, a survey by Credit Suisse showed on Thursday, as a rebound in stocks encourages a return to a sector many […]
Paulson Drops as Hedge Funds Fall 0.4% in February
Bloomberg – Hedge funds fell 0.4 percent last month, trailing global stocks, as funds including those at John Paulson’s Paulson & Co. and Ray Dalio’s Bridgewater Associates LP posted declines in February. Multistrategy and macro managers decreased last month, while […]