Author Archives: Editor

FN – Some well-known money managers reported significantly reduced stakes in big banks, including JP Morgan Chase and Goldman Sachs as well as food companies such as Kraft Foods in the second quarter. Billionaire investor George Soros’s Soros Fund Management […]

Bloomberg – Alan Howard’s Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, is looking to the U.S. to raise money for a three-year-old investment pool focused on currencies. London-based Brevan Howard filed an Aug. 9 private- placement notice with the U.S. Securities […]

Reuters – The flavor of the second quarter for big U.S. money managers was banks, including Citigroup Inc and Genworth Financial Inc, and healthcare stocks such as Aetna Inc, Cigna Corp and HCA Holdings Inc. Hedge funds Eton Park Capital, Kynikos […]

Economic Times – As dozens of top hedge funds disclosed their second-quarter stock holdings on Tuesday, few reported owning shares in slouching social network FacebookInc. George Soros, Steve Cohen’s SAC Capital Advisors and John Thaler’s JAT Capital Management were among the few that disclosed owning Facebook stakes […]

Bloomberg – Hedge funds and private-equity firms have amassed an unprecedented 60 billion euros ($74 billion) to invest in distressed debt in anticipation that Europe’s sovereign-debt crisis will push banks into the biggest fire sale in history. The problem is few […]

The Fiscal Times – Some of the nation’s top hedge fund billionaires, including many of the same financiers who are playing a major behind-the-scenes role bankrolling Republican presidential challenger Mitt Romney, helped finance Rep. Paul Ryan’s rise to prominence over […]

Economic Times – Hedge funds trimmed bets on a commodity rally for the first time in nine weeks as signs of US growth and speculation that central banks will do more to stimulate economies drove prices to a three month high. […]

Reuters – Trading oil, the euro and shares in Facebook were among the bets to help drive gains for hedge funds in July, meaning the industry has largely shrugged off the euro zone debt crisis to make money every month so […]

Bloomberg – At a time when hedge funds are the least bullish on silver in almost four years, investors’ holdings are near a record, siding with the analysts predicting a rally as central banks move to bolster growth. Speculators cut […]

Canadian Business – With his mother watching from a court bench, a San Francisco hedge fund founder testified Monday that his trades were based on legitimate research rather than inside information. Douglas Whitman, 54, denied charges that he used inside […]