Category Archives: Syndicated
Feds Try For Toss of Hedge Fund Founder’s Misconduct Case at 2nd Circuit
(Reuters) On Friday morning, the Justice Department will appear before Judges Reena Raggi, Denny Chin and Susan Carney of the 2nd U.S. Circuit Court of Appeals to argue that even if an FBI agent misrepresented government evidence to obtain a […]
Hedge Fund Run by Former ‘Big Wolf’ Trader Delivers 46% Return
(Bloomberg) Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping up distressed and shunned oil-related assets. And they say it’s a bet that has plenty of room to run. Titan Opportunities Fund, […]
Should Hedge Funds Be Open to Average Investors?
(CBS News) Those who earn less than $200,000 a year — that’s most people — face a barrier when it comes to the kinds of investments they can make. Acting Securities and Exchange Commission (SEC) Chair Michael Piwowar wants to […]
Hedge Funds’ Win-or-Die Bet
(Bloomberg) It had already become one and 20. Now, you can invest in some Asian hedge funds for zero fees upfront and they’ll cover any initial losses. The institutional asset management industry saw net outflows of $167.1 billion in the […]
New Hedge Fund Delivering Out-Sized Returns
HITC Business Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping up distressed and shunned oil-related assets. And they say it’s a bet that has plenty of room to run. Bloomberg News […]
Marlin Equity Partners Raises $3.25B For Two New Funds
(FINalternatives) Global investment firm Marlin Equity Partners has raised a total of $3.25 billion in capital commitments for two new fund vehicles, closing both at their hard caps and well above their respective targets. To read this article:
Biogen Wins Ruling in Tecfidera IP Case; Shares Rise
(Reuters) Biogen Inc on Tuesday won an intellectual property rights ruling against hedge fund manager Kyle Bass over its top multiple sclerosis pill, Tecfidera, pushing shares up more than 1 percent on a day when most U.S. stocks were down. […]
Englander Said to Leave Citigroup to Join Hedge Fund Firm Rafiki
(Bloomberg) Steven Englander resigned as global head of Group-of-10 currency strategy at Citigroup Inc. to join Hong Kong-based hedge fund Rafiki Capital Management, according to people familiar with the matter. Englander will join Rafiki Capital as head of research and […]
Hedge Fund Managers Could Save Billions From Border-Adjustment Tax
(HITC Business) Hedge fund fees, which were previously taxed as income at rates as high as 45 percent, could be completely exempt from taxation. A hidden beneficiary from the border-adjustment tax could be hedge fund managers, who might see a […]
The world’s largest hedge fund just published a 61-page paper on populism
(Business Insider) Bridgewater Associates, the world’s largest hedge fund, on Wednesday published a 61-page research paper on populism, which it considers the most important issue in the world today.”Populism has surged in recent years and is currently at its highest […]
NY Hedge Fund Manager Makes Peace With Canada
(Dealbreaker) A year and a half ago, the Mounties launched a legal raid on Saba Capital, the New York hedge fund run by former Deutsche Bank wunderkind (it’s true; they used to have those, and even they lost the bank […]
Stocks Expensive, But Higher Bond Yields Needed To Trigger Bear Market
(FINalternatives) World stocks are their most expensive in 17 years an equity bear market won’t be triggered until bond yields rise to much higher levels, according to a Reuters survey of global fund managers released on Tuesday. To read this […]