Category Archives: Syndicated
Russia and Leverage Are Powerful Mix Luring Hedge Funds to ETFs
Bloomberg – There’s no need for complex quantitative models, or in-depth bottom-up analysis. All it takes is one good bet. That’s the allure drawing traders to a pair of exchange-traded funds that take Russian stocks and triple their returns with […]
Blue-chip bankers lose £210m in hedge fund that collapsed after investing in derelict land in Scotland
Daily Record – The biggest names in world banking and finance lost tens of millions of pounds after the collapse of an investment firm connected to Greg King’s Heather Capital hedge fund. The extent to which major investors had backed […]
U.S. hedge fund criticises Vivendi over Bollore role
Reuters – U.S. hedge fund P. Schoenfeld Asset Management (PSAM) has accused French media group Vivendi of giving too much leeway to chairman and largest shareholder Vincent Bollore to boost his stake at “undervalued prices”. PSAM, which says it owns […]
The young & the restless: Activism’s rising stars
CNBC – They’re young, they’re hungry, and they’re on the way to being the next name-brands of activist investing. Corporate executives and boards are getting to know—often begrudgingly—names like Scott Ferguson, Mick McGuire and Jesse Cohn. They and a handful […]
Hong Kong Hedge Funds’ Assets under Management Reach New Record
Forex Magnates – Despite fears that political clashes, between pro-democracy youth and the pro-Beijing establishment, will lead investors to divest away from Hong Kong, the Chinese city is still an investment magnet. Hong Kong’s hedge fund assets under management reached […]
Hedge Funds: Don’t Call Us a Hedge Fund
WSJ – One of the keys to running a hedge fund is learning how to say you don’t. Grappling with years of uneven performance, image problems and deep-pocketed clients who have publicly distanced themselves from the industry, hedge-fund managers are […]
Cooperman’s Omega Hedge Fund Receives Federal Subpoenas
Bloomberg – Leon Cooperman’s $9.4 billion hedge fund firm Omega Advisors was subpoenaed by the U.S. Attorney’s Office in New Jersey and the U.S. Securities and Exchange Commission, which are seeking information on trading in certain securities. Cooperman, the billionaire […]
Nikkei falls to more than 1-week low as hedge funds take profits before quarter end
Reuters – Japan’s Nikkei share average gave up early gains and fell to its lowest level in more than a week on Friday, led by futures selling as hedge funds took profits from its recent rise. The Nikkei benchmark fell […]
Female hedge fund manager seeking senior role? Head to Hong Kong
The Tally – Women hedge fund managers wanting to climb to the top of their profession might want to avoid London and look further east, according to data published earlier this month by Preqin. As the below chart shows, Hong Kong […]
Billionaire Julian Robertson Jr.’s hedge fund to shut down
NewsDay – A hedge fund initially funded by Locust Valley billionaire Julian Robertson Jr. will shut down, according to a Bloomberg report. The Manhattan fund, TigerShark Management, will return about $100 million to investors at the end of March, according […]
Lender, hedge fund face off over fate of RadioShack
ABC – A legal brawl between lenders erupted in bankruptcy court on Wednesday on the eve of a court hearing to consider results of an auction of RadioShack Corp. assets this week. Salus Capital Partners, which provided a term loan […]
Imprisoned hedge fund founder seeks to void insider trading conviction
Reuters – Former hedge fund manager Doug Whitman, the first defendant in a broad U.S. insider trading crackdown to testify in his own defense, is seeking to void his conviction. Whitman, 57, who has been imprisoned since early September, on […]