Category Archives: Syndicated
Hedge Funds Myriad, Azentus Held $637 Million Alibaba Shares
Bloomberg – Asia hedge funds Myriad Asset Management Ltd. and Azentus Capital Management Ltd. held $637 million American depositary receipts in Alibaba Group Holding Ltd. (BABA) at the end of September. Myriad, which manages more than $3.5 billion, disclosed a […]
Hedge fund Third Point steps up pressure on Dow Chemical
Reuters – Hedge fund Third Point is considering launching a proxy contest at Dow Chemical Co after negotiations over board seats with the largest U.S. chemical company broke down on Thursday, two sources familiar with the talks said. Dow had […]
Hedge fund Lonestar shutting down
CNBC – Lonestar Capital Management, a $1 billion hedge fund based in San Francisco, is shutting down, according to The Wall Street Journal. A person answering the phone at Lonestar’s office said he could not comment on the planned closure or […]
Hedge fund donations help Tories raise twice as much as Labour
Guardian – The Conservatives have received double the donations of Labour and 60 times more than Ukip over the past three months, including more than £1m from hedge funds and £150,000 from the wife of a former Russian government minister […]
Scuttled deals worth $580 billion put hedge funds on back foot
Reuters – Hedge funds specialising in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year. […]
Hedge funds poised to pile into China via ‘connect’ channel
Reuters – When the landmark Hong Kong-Shanghai equity link debuts on Monday, a class of investors that China has kept at arm’s length until now – hedge funds – are expected to plunge into mainland shares. And rules for the […]
Hedge Fund Founder’s Marital Split May Alter U.K. Divorce Law
Bloomberg – Chris Hohn, one of the most successful U.K. hedge-fund managers, may recast the country’s divorce law if he wins more than half the family assets in his split from his wife. A judge may rule as soon as […]
Hedge Funds Burned in Shire Double Down on Covidien Deal
Bloomberg – Hedge funds bruised by wrong-way bets on AbbVie Inc.’s failed merger with Shire Plc are showing few signs the trauma was permanent. At least three firms that speculated on the doomed $52 billion drug industry takeover — Paulson […]
South Carolina Wants Smaller Hedge Fund Managers
ValueWalk – There has been an ongoing academic debate in the hedge fund industry as to what size fund generates the best performance, large or small hedge funds. Now South Carolina’s pension system is weighing in on the issue. The […]
Favorite Picks of Top Performing Hedge Funds
Barron’s – It was a record turnout of over 1,200 for Chicago’s Invest For Kids charity event, a testament, perhaps, to investors’ thirst for new ideas in today’s frothy stock market. The conference has had many market-beating picks and pans […]
Banks handed £2bn in penalties for market rigging
Guardian – The corruption of the world’s biggest currency dealers was laid bare on Wednesday when regulators imposed £2bn of fines on five major banks for rigging the £3.5tn-a-day foreign exchange markets. Regulators said they had found a “free for […]
Asia Macro Hedge Funds Beat Bridgewater, Tudor in October
Bloomberg – Asia-focused managers of macro hedge funds beat U.S. veterans such as Paul Tudor Jones and Ray Dalio in October, the worst month for the strategy in more than a year. Funds managed by Quantedge Capital Pte, Dymon Asia […]