Category Archives: Syndicated
Ask a hedge-fund guy: Will the economy collapse?
CNBC – In today’s “Ask a Hedge-Fund Guy” column, I’m answering readers’ questions about the state of the world. It seems we have a lot of confusion and uncertainty to deal with; and since many television pundits like to provide […]
George Soros And Kyle Bass Stepped Into The ‘Argentina Versus Hedge Funds’ Disaster
Business Insider – Argentine bond investors are still waiting to get paid — and they’re starting to get restless. After all, if this summer’s technical default didn’t end the stalemate between Argentina and its holdout hedge fund creditors, what will? […]
Alibaba Co-Founder Said to Back Hedge Fund of Ex-SAC Trader
Bloomberg – Joseph Tsai, vice chairman of Alibaba Group Holding Ltd. (BABA), has pledged the bulk of a $100 million commitment to a new hedge fund run by former SAC Capital Advisors LP manager Andrew Bazarian, according to a person […]
SEC Withholds Hedge-Fund Data Its Own Economist Used In Paper
Forbes – The Securities and Exchange Commission routinely rejects more than half of all Freedom of Information Act requests for data that could help investors better select investment advisors, even while it allowed a staff economist to use some of […]
Hedge Funds Cut Bullish Oil Bets on Rising Global Output
Bloomberg – Hedge funds cut bullish holdings in crude as record U.S. output added to a global supply glut, spurring the longest losing streak in prices in six years. Money managers reduced net-long positions in West Texas Intermediate by 2.3 […]
Hedge fund takes £100m bet on M&S share price fall
Telegraph – A US hedge fund giant has made a £100m bet against Marks & Spencer as Britain’s biggest clothing retailer prepares to unveil another slump in sales. Lone Pine Capital, which controls $27bn (£16.9bn) of assets, has built a […]
China Hedge Funds to Blossom Under New Rules
WSJ – China’s hedge funds, which for years have operated in a legal gray area, are moving into the mainstream as regulators roll out laws and measures to manage the fast-growing industry. The official recognition of this corner of the […]
A Hedge Fund Manager Vanished After Credit Suisse Accidentally Wired Him $1.5 Million
Business Insider – Last January, Credit Suisse wired $1.5 million to hedge fund manager Joseph B. Galbraith. One month later he disappeared off the map. According to a New York Times report, two weeks after Credit Suisse wired the money in three transactions […]
Two Sigma Raises $3.3 Billion for New Macro Hedge Fund
Bloomberg – Two Sigma, an investment firm that uses computer models to bet on markets, raised $3.3 billion for a macro hedge fund in one the largest new pools of such capital raised since the 2008 financial crisis. Investors sought […]
Tourbillon Hedge Fund Wins Shorting MannKind, GT Advanced Shares
Bloomberg – Tourbillon Capital Partners LP, the hedge fund started last year by Jason Karp, said investments betting against MannKind Corp. (MNKD) and GT Advanced Technologies Inc. (GTATQ) paid off as shorting stocks contributed most to its profits last quarter. […]
Simon Lack Says Hedge Fund Mirage Validated
ValueWalk – Simon Lack, author of “The Hedge Fund Mirage,” feels vindicated that many hedge fund managers have embraced some of his original comments critical of the hedge fund industry. In an interview with the Brandes Institute, the former CEO […]
Carlyle Reports Lower Profit on Weakness in Hedge Funds
NYT – The Carlyle Group reported lower third-quarter profit on Wednesday, weighed down by weakness in its hedge funds and certain other investments. Carlyle said its economic net income before taxes – a measure of profit that includes unrealized investment […]