Category Archives: Syndicated
Shire Gut Punch Bruises Hedge Funds
WSJ – A rough year for hedge funds turned more perilous as investors sold broad swaths of stock, including shares tied to pending takeover deals, after a closely watched merger hit the skids. Hedge funds have spent much of the […]
Macro Hedge Fund Chatter Triggered Oil Sell-off
ValueWalk – The bottom in oil prices could be found once OPEC gets it act together, while the report warns investors to tread cautiously as third quarter numbers are released. As analysts scratch their head in regards to triggers for […]
Top investors, strategists take pummeling in Wall Street sell-off
Economic Times – Shire’s value plunged more than 20 per cent on Wednesday from around $49 billion to $39 billion, potentially wiping around $500 million from the value of Paulson’s stake and $270 million off Elliott Management’s stake, according to […]
Hall Commodities Hedge Fund Shutting After Poor Performance
Bloomberg – Hall Commodities LLP, a London-based $100 million hedge-fund firm run by Tony Hall and Arno Pilz, told clients it’s shutting down after less than two years in business, citing poor performance. The firm will return money to investors […]
Market Swoon Bruises Some Hedge Funds
WSJ – The recent turmoil in financial markets is upending some of the biggest hedge-fund trades of the year. A plunge in energy prices this month and a recent legal setback for managers making bets on shares of mortgage companies […]
Dishonesty Led to $600 Million Hedge Fund End: Prosecutor
Bloomberg – Weavering Capital (UK) Ltd. founder Magnus Peterson’s deliberate “dishonesty” caused the collapse of his $600 million hedge fund, U.K. prosecutors told a London court on the trial’s opening day. Peterson told investors he was following a low-risk strategy, […]
SFERS tables idea of investing in hedge fund
SFGate – Just an update on my post of last week that the San Francisco Employees’ Retirement System was contemplating an investment in hedge funds. The retirement board tabled the proposal Oct. 8 after a news story that the fund’s […]
City Diary: Has hedge fund millionaire Crispin Odey counted his chickens over Cluckingham Palace?
Telegraph – Did Crispin Odey count his chickens before they were hatched when he won planning permission to spend a six-figure sum on a temple to house 20 prize fowl at his Gloucestershire mansion? In a long-overdue update on “Cluckingham […]
GLG Said to Pick Mason to Manage European Equity Hedge Fund
Bloomberg – GLG Partners picked Neil Mason, a former executive at Harvard University’s endowment and BlueCrest Capital Management LLP, to help run a European equities hedge fund, a person briefed on the matter said. Mason will manage the $3 billion […]
Hedge fund boss and his ‘radical’ philosophy
The Straits Times – It isn’t a widely known fact but US hedge fund behemoth Bridgewater Associates has managed some of the funds of sovereign wealth fund GIC for the past two decades. Bridgewater founder Ray Dalio was in town […]
Why Are These Hedge Fund Kingpins Dumping Millions Into the Midterms?
MJ – As Democrats and Republicans battle for control of the Senate, hedge funds are dumping millions of dollars into congressional campaigns. Most of these companies are lining up behind one party or the other. But the second-biggest spender, Long […]
Russian Hedge Fund’s Managers, Money On American Vacation
DealBeaker – There are lots of reasons why a prominent hedge fund manager might wish to beat a hasty retreat from Moscow. Perhaps he’s not comfortable with Russia’s liberation of all of those Ukrainians. Perhaps he failed to go along […]