Category Archives: Syndicated
Top China Hedge Fund Says Best Trade of 2014 Is Back On
Bloomberg – The top-performing China hedge fund is piling back into property shares, reviving a trade that propelled it to a 46 percent gain in the second half of 2014. Marco Polo Pure Asset Management has been buying developers, including […]
Ex-Tory treasurer Lord Fink admits using Swiss trusts to avoid taxes
Irish Times – The Labour Party was jubilant last night after the Conservative Party’s former treasurer and a leading party donor admitted he had set up family trusts in Switzerland to avoid British taxes. The admission by hedge fund boss […]
Tepper Joins Activism on GM; Not Worried About Greece
ValueWalk – David Tepper, founder and hedge fund manager of Appaloosa Management joined the activism on General Motors Company (NYSE:GM). His firm supports the shareholder proposals of Harry Wilson to the automaker. Wilson is a retired hedge fund investor and a […]
GM faces investor demand for slice of $25 billion cash hoard
Reuters – An investor group demand that General Motors Co give back more of its $25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders. Barra and GM’s […]
The queen of hedge funds is killing it
Business Insider – Hedge fund manager Leda Braga took the reins of BlueCrest Capital’s spinoff computer-driven firm, Systematica Investments, last month and she’s already killing it. Braga, who, when she was president of BlueCrest, held the title of lady hedge fund […]
S.F. pension system votes to invest 5% in hedge funds
SF Gate – The board of the San Francisco Employees’ Retirement voted 6-1 Wednesday to sink 5 percent of its $20 billion portfolio in hedge funds, a much smaller investment than its staff recommended last year. In June, the staff […]
Hedge Funds Focused on Currencies Get Big Payoff
WSJ – Currency markets are finally giving hedge funds some bang for their buck. Thanks to a consistently soaring dollar—and plunging euro—investment funds focused on currencies had the best month in years in January. Read Complete Article
The Hedge Fund Agent In The Boardroom
Forbes – In October, Harry J. Wilson walked up to General Motors Chief Financial Officer Chuck Stevens at the company’s investor day meeting after Stevens indicated during a presentation that GM would not be able to conduct a stock buyback […]
Hedge fund managers Goodwood and GuestLogix go mano a mano
Financial Post – Round one between hedge fund managers Goodwood Inc. and GuestLogix Inc. is over. Both sides have returned to their corners preparing for round two in a battle that may go to 15 and occupy the combatants’ attention […]
Hedge Funds Exit Housing Securities as Prices Rise
(Bloomberg) — Hedge funds that profited on residential mortgage debt after the financial crisis such as Pine River Capital Management and Canyon Partners are trimming their bets as prices rise. Gorelick Brothers Capital is also exiting investments in both uninsured […]
Man GLG macro hedge fund lost 9 percent in January, to shut – sources
(Reuters) – A macro hedge fund managed by the GLG unit of Man Group lost 9 percent in January and is closing, sources said. The performance contrasts with gains in the group’s hedge funds which use computer programs to drive […]
San Francisco Pension Board to Weigh 10% Hedge Fund Investment
Bloomberg – The San Francisco Employees’ Retirement System staff is recommending its board consider investing 10 percent of assets in hedge funds, five months after the largest U.S. pension, the California Public Employees’ Retirement System, decided to get out of […]