Category Archives: Syndicated

CalPERS Hedge Fund Exit “Perfect Contrary Indicator” Alaska Pension Says

ValueWalk – The Alaska Retirement Management Board is weighing in on Calipers decision to exit hedge funds, saying CalPERS is close to being a “perfect contrary indicator.” When the California Public Employees’ Retirement System (CalPERS) loudly exited their hedge fund […]

British Insurer Aviva to Shutter U.S. Hedge-Fund Arm

WSJ – British insurer Aviva PLC will shutter a U.S.-based hedge-fund arm by the end of the year after a major client asked for its money back, according to people familiar with the matter. The Aviva unit, a so-called fund […]

Hedge Fund Manager Seeks Files Related To SEC Investigation Of Him

Forbes – A Dallas hedge fund manager has sued the Securities & Exchange Commission in an attempt to get one-and-a-half boxes of files that securities regulators collected while investigating him and his hedge fund firm. Harlow Capital Management, a hedge […]

FBI Files Say Hedge Fund Analyst Made Millions on Tips From Dell Insider

Bloomberg – The FBI files spell it out: An analyst at Citadel LLC, the hedge fund with $23 billion in capital invested globally, told agents he made millions of dollars trading on information from a company insider. It was December […]

Bearish Hedge Fund Going Against the Bulls Still Profits

NYT – The stock market has been rising for years, hitting new highs almost every week. So how is it that one of Wall Street’s most bearish investors can claim to have profited strongly over this period? Universa Investments, a […]

Apple Inc. Is Top Holding Among Hedge Funds

Valuewalk – As Apple is at the list of Goldman Sachs’ Very Important Positions list, it also tops the list of what the firm’s analysts say is the 50 stocks that “matter most” to hedge funds. In their latest report, […]

Want To Make A Difference? Don’t Be A Hedge Fund Manager

Huff Post – Long before the 2008 financial collapse, the American economic landscape had shifted, plunging the country into something of an identity crisis. Manufacturing was down, far less tangible industries were up. Income inequality and nostalgia for a time […]

R.I. Investment Commission reviews hedge fund in executive session

Providence Journal – For reasons that remain unexplained, the state Investment Commission, headed by Governor-elect Gina Raimondo, went behind closed doors last Wednesday to “review” a hedge fund in which it has $61.7 million of the state’s pension dollars invested: […]

How Hedge Fund Managers Lower Their Tax Bills

Forbes – Hedge fund managers are generally taxed on much of their income at an income rate of 55 percent. So when they can – using bright line strategies – lower their tax bill, they often consider these transactions. There […]

Hedge Funds Bet on Coal-Mining Failures

WSJ – Hedge funds are betting that some of the largest U.S. coal companies are heading for the financial slag heap. The coal industry is in a prolonged slump with a long list of causes topped by sluggish demand and […]

Big Investors Buying Stakes for Hedge-Fund Fees

Barron’s – There have been headlines almost daily about hedge funds’ poor performance and hefty fees. The funds, which typically levy a 2% management fee and take 20% of returns, have gained less than 3% in 2014, versus a 12.3% […]

Japanese Hedge Fund GCI Sets Up London Office

FIN – Japan’s GCI Investment is setting up shop in London. GCI chief investment officer Naruhisa Nakagawa, business development manager Osamu Saito and a third employee will move from GCI’s Singapore office to the UK this week, reports AsianInvestor, joining […]