Category Archives: Syndicated
Two hedge fund managers walk into a bar
USA Today – Two hedge fund managers walk into a bar. They need a drink. Their returns are terrible. Their investors are mad. And they know they’re in good company. Read Complete Article
Man Group Hedge Fund Buys $1.2 Billion NewSmith Equities Manager
Bloomberg – Man Group Plc, the world’s largest publicly traded hedge-fund manager, agreed to buy the equities management business of NewSmith to expand in Tokyo and London. Man Group, which manages $72.3 billion, plans to complete the deal in the […]
Fired BlueCrest Portfolio Manager Sues Hedge Fund For $1.3 Million Bonus
Forbes – A former portfolio manager at BlueCrest Capital Management has sued the big European hedge fund for failing to pay him a $1.28 million bonus for less than half a year of work in 2014. Nicholas O’Grady was fired […]
A Former Hedge Fund Manager Is Running a Fantasy Sports Combine
Bloomberg – A former hedge fund manager who served a four-month prison term for insider trading is the driving force behind the first Fantasy Sports Combine in Las Vegas, a three-day event where players can be tutored by the industry’s […]
Breakup Artist Hedge Funds Betting Billions On Corporate Marriages
Forbes – Activist hedge fund investors are accused by defensive corporate boards and their advisors of being short sighted quick-buck artists that harm America’s corporations. But, as the venom continues to fly, some funds are quietly taking a long-term approach when […]
Creditors say RadioShack timed Ch. 11 for hedge fund trade
Reuters – Unsecured creditors of RadioShack Corp said the electronics retailer timed its bankruptcy to benefit a hedge fund trading strategy even though it cost the company millions of dollars in added losses, according to a court filing. A committee […]
Hedge fund takes stake in Clean Harbors
Boston Globe – Shares of Clean Harbors Inc., a provider of waste management and other environmental services, jumped on the news that Starboard Value LP, the activist hedge fund run by Jeff Smith, had acquired a new stake in the […]
Scots law firm sued after £400m hedge fund collapse
Sunday Herald – Burness Paull is facing the legal action from the liquidators of Heather Capital, the offshore financial empire run by Glasgow-born but Spanish-based tycoon Gregory King. The firm – one of the two biggest in Scotland – is […]
Seeing Value After a Plunge, Hedge Funds Bet on Energy Stocks
NYT – A few hedge fund managers have been tiptoeing back into the beaten-down energy sector. While many investors, including Warren E. Buffett, were selling energy stocks in the final three months of 2014, several hedge funds sought to profit […]
Billionaire Hedge Fund Managers Show Stock Moves In Tech And Oil Names
Forbes – The nation’s most closely-watched hedge fund managers disclosed what their portfolios looked like at the end of 2014 in Securities & Exchange Commission filings that were required to be filed by Tuesday. David Tepper, the billionaire hedge fund […]
Major hedge funds unload Alibaba shares
Asia First – Months after several hedge fund managers piled into Alibaba following its record USD25bn IPO in September, several of the biggest US hedge fund managers have exited the Chinese’ e-commerce firm at the end of 2014 as the […]
When Hedge Fund General Partners Should Outsource Family Office Services
Forbes – For a number of reasons, some hedge fund managers have converted to a family office structure. Dodd-Frank granted family offices an exemption that effectively excluded single-family offices from registration as investment advisors. Possibly enticed by lower compliance and […]