Author Archives: Editor
Hedge fund manager Hovde to enter US Senate race
AP – The Republican race for the U.S. Senate nomination is about to get more crowded. Hedge fund manager Eric Hovde was expected to announce his candidacy at campaign stops in Dane and Milwaukee on Thursday. A native of Madison, Hovde […]
Hedge Funds Cut Bullish Gas Bets Most Since June: Energy Markets
Bloomberg – Hedge funds reduced bullish bets on natural gas by the most in eight months as forecasts for warmer- than-usual weather in the eastern U.S. signaled a drop in heating-fuel use with supplies near a seasonal record. Money managers […]
Actively Managed Funds Have Time on Their Side: Lubos Pastor
Bloomberg – In 2011, about 79 percent of large-cap mutual fund managers trailed the Standard & Poor’s 500 Index (SPX), according to Morningstar Inc. The average equity mutual fund lost almost 3 percent last year, compared with a 2 percent gain […]
European distressed hedge funds thwarted by LTRO
Reuters – Hedge funds stalking distressed assets in Europe may be left with slim pickings after a trillion-euro cash injection from the European Central Bank (ECB) eased the pressure on banks to dump some of their weaker holdings. Many fund […]
Hedge-fund favorites
Seattle Times – The smart money loves Apple. As consumers covet the latest iPad model, hedge funds are holding on tight to their Apple stock. Hedge-fund managers count the wealthiest and most sophisticated investors, including pension funds and endowments, among […]
Hedge fund performance beats expectations with impressive start to 2012
Hedge Fund Review Magazine – All strategies bar short bias have begun 2012 with impressive positive returns, according to data from Hedge Fund Research. Regionally, Russia and Eastern Europe is the highest performer, up 12.67%. Hedge funds have started 2012 […]
Hedge Funds See Tax Break in Republican Bill
Bloomberg – A Republican proposal to give small businesses an extra 20 percent tax deduction may yield cuts for some multibillion-dollar hedge funds, law firms and other enterprises that create significant profits with few employees. Republicans hope to release details of […]
Hedge funds mull risky debt battle
Sydney Morning Herald – Some hedge funds are refusing to join Greece’s bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country’s debt. Greece’s private creditors have […]
Stewart Said to Leave JPMorgan to Start Hedge Fund in London
Bloomberg – Mike Stewart, who JPMorgan (JPM) Chase & Co. picked last year to oversee a unit of traders being moved out of its investment bank, has left to start a hedge fund, according to two people with knowledge of the matter. […]
Fairfax’s once-giant suit shrinks as hedge funds are dismissed
CT Post – Fairfax Financial Holdings Ltd., with seven of eight hedge funds it accused of spreading false rumors no longer in a lawsuit, may see the $24 billion case shrink again with a judge poised to rule whether racketeering […]
Billionaire Hedge Fund Losers
Forbes – Trading the financial markets in 2011 was a humbling experience for many billionaire hedge fund managers. While some hedge fund titans managed to successfully navigate through the year, many big names stumbled. The biggest loser, however, was billionaire […]
The Hedge Fund That Beat Paulson and Soros
BusinessWeek – Hedge fund managers are measured by two things: the size of their fund, and how much they earn for investors. Since 2009, Ray Dalio’s Bridgewater Associates has been the biggest hedge fund. According to a Feb. 29 report […]