Reuters – Hedge fund Barington Capital Group filed preliminary proxy statements with the U.S. Securities and Exchange Commission and is proceeding with a proxy contest to elect three alternative directors to the board of OMNOVA Solutions, the documents show. New […]

Bloomberg – Pickers of small company shares and money managers who anticipated a year-end rally in large-capitalization stocks were the best performers among Japan-focused hedge funds last year. Hayate Partners Pte’s Japan Equity Long Short Fund returned 19.4 percent in […]

Benzinga – Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson warned investors to “stay away from new issues” including Alibaba Group Holding Ltd BABA. Lemelson told Benzinga that the sellers, which includes insiders and investment banks, “have a vested […]

Reuters – Hedge funds earned $1.5 trillion for their investors over the last ten years and more pension funds are increasing the amount of money they allocate to them, trade body Alternative Investment Management Association (AIMA) said on Wednesday. The […]

TradeWinds – OppenheimerFunds has become the latest hedge fund to take a sizeable position in KNOT Offshore Partners (KNOP). It has acquired just over 1m shares in the shuttle tanker focused master limited partnership (MLP), or nearly 8% of the […]

WSJ – A government program to rid itself of TARP investments in small banks has proved a boon to hedge funds, private-equity and other private investors, according to a new watchdog report. As the Treasury Department looks to exit from […]

ValueWalk – Recent years have seen increased demand from institutional investors for passive replication products that track the performance of hedge fund strategies. These “clones” offer the diversification benefits of hedge-fund-like investments, while simultaneously providing superior fee structures, scalability, transparency, […]

CBS – Federal prosecutors are seeking a sentence of no less than 12 years in prison for a Venezuelan financier who ran a massive investment fraud scheme in Connecticut. Authorities say in their sentencing memo that the crimes of Francisco […]

Bloomberg – Bill Ackman, the hedge fund manager who wages campaigns against corporate management and boards, made more money for his clients last year than any of his rivals, according to a report. Ackman, who runs Pershing Square Capital Management […]

WSJ – Activist hedge fund Elliott Management Corp. has taken an 8% stake in big-data company Informatica Corp. , making it the company’s biggest shareholder, as of recent Securities and Exchange Commission filings. The activist said Informatica’s shares are “significantly […]

Business Insider – Hedge fund managers spend their time navigating through thick piles of data and analyzing the inner workings of the companies they invest in. Understandably, they like to keep those activities on the down-low, and make every effort to […]

Benzinga – British hedge fund manager Crispin Odey thinks the world is headed for a downturn that will “devastate equity markets.” The 55-year-old hedge fund manager, whom the New York Times recently described as a “semi-celebrity” in England, said central […]